Title
by Americanbulls.com LLC
Last Update
06/07/2020
CAN.AX
CANN GROUP
Last Signal: SHORT
Last Pattern: BEARISH THREE GAP UPS
Last Close:
0.9350
Change:
-0.0450
Percent change
-4.59%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH THREE GAP UPS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 0.9450, and our valid average selling price stands now at 0.9350. The previous BUY signal was issued on 01/07/2020, 5 days ago, when the stock price was 0.8180. Since then CAN.AX has risen by +14.30%.
Market Outlook
The bears have evidence on their side and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a four day bearish reversal pattern. It consists of three consecutive days each gapping higher on the open. After Three Gap Ups the market becomes extremely overbought and ready for the reversal of the current uptrend. more...
Signal History
Date 
Price 
Signal 
 
AUD100⇨ 
06/07/20200.9350SHORT 179.82
01/07/20200.8180BUY 157.95
28/05/20201.1480SELL 158.27
20/05/20200.9925BUY 137.11
15/05/20200.9650SELL 137.38
07/05/20200.9040BUY 128.95
01/05/20200.8810SELL 129.21
23/04/20200.8600BUY 126.38
08/04/20200.8220SELL 126.63
02/04/20200.7300BUY 112.68
30/03/20200.6400SHORT 131.65
26/03/20200.6500BUY 134.24
10/02/20201.2050SHORT 92.28
06/02/20201.2980BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
AUD100⇨ 
06/07/20200.9350SHORT 884.37
01/07/20200.8180BUY 776.81
28/05/20201.1480SELL 778.37
20/05/20200.9925BUY 674.29
15/05/20200.9650SELL 675.64
07/05/20200.9040BUY 634.20
01/05/20200.8810SELL 635.47
23/04/20200.8600BUY 621.57
08/04/20200.8220SELL 622.82
02/04/20200.7300BUY 554.22
30/03/20200.6400SHORT 647.50
26/03/20200.6500BUY 660.26
10/02/20201.2050SHORT 453.87
06/02/20201.2980BUY 490.86
22/01/20201.5000SELL 491.84
16/12/20190.4200BUY 137.99
09/12/20190.4550SHORT 128.65
03/12/20190.4540BUY 128.88
12/11/20191.0450SHORT 82.65
08/11/20191.0550BUY 83.78
06/11/20191.0200SHORT 87.10
01/11/20191.0400BUY 89.16
30/08/20191.9200SELL 89.34
28/08/20191.9300BUY 89.99
26/08/20191.7370SHORT 101.64
22/08/20191.7745BUY 104.25
29/07/20192.1500SELL 104.46
12/07/20192.0500BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
AUD100⇨ 
06/07/20200.9350SHORT 1,971.24
01/07/20200.8180BUY 1,731.49
28/05/20201.1480SELL 1,734.96
20/05/20200.9925BUY 1,502.96
15/05/20200.9650SELL 1,505.97
07/05/20200.9040BUY 1,413.60
01/05/20200.8810SELL 1,416.43
23/04/20200.8600BUY 1,385.44
08/04/20200.8220SELL 1,388.22
02/04/20200.7300BUY 1,235.32
30/03/20200.6400SHORT 1,443.23
26/03/20200.6500BUY 1,471.66
10/02/20201.2050SHORT 1,011.63
06/02/20201.2980BUY 1,094.08
22/01/20201.5000SELL 1,096.27
16/12/20190.4200BUY 307.57
09/12/20190.4550SHORT 286.75
03/12/20190.4540BUY 287.27
12/11/20191.0450SHORT 184.23
08/11/20191.0550BUY 186.74
06/11/20191.0200SHORT 194.15
01/11/20191.0400BUY 198.75
30/08/20191.9200SELL 199.15
28/08/20191.9300BUY 200.59
26/08/20191.7370SHORT 226.57
22/08/20191.7745BUY 232.39
29/07/20192.1500SELL 232.86
12/07/20192.0500BUY 222.47
09/07/20192.0500SELL 222.92
28/06/20191.8725BUY 204.03
11/06/20192.0600SHORT 187.76
06/06/20192.1400BUY 195.83
22/05/20192.2300SHORT 188.99
13/05/20192.2000BUY 187.20
06/05/20192.3400SHORT 177.34
24/04/20192.3800BUY 181.10
12/04/20192.2700SELL 181.46
08/04/20192.2050BUY 176.62
03/04/20192.1550SELL 176.97
18/03/20191.6700BUY 137.42
05/03/20191.8300SHORT 126.88
28/02/20191.7500BUY 121.82
25/01/20192.2500SELL 122.06
07/01/20192.0100BUY 109.26
03/01/20191.9900SHORT 110.81
28/12/20181.9700BUY 110.14
13/12/20182.1100SHORT 103.70
11/12/20182.1600BUY 106.58
27/11/20182.5200SHORT 93.63
23/11/20182.5700BUY 95.87
20/11/20182.5200SELL 96.06
16/11/20182.6350BUY 100.65
12/11/20182.6800SELL 100.85
29/10/20182.3900BUY 90.12
23/10/20182.6800SHORT 81.65
16/10/20182.7200BUY 83.20
11/10/20182.7000SELL 83.37
03/10/20182.7700BUY 85.70
01/10/20182.7100SHORT 87.99
20/09/20182.7300BUY 89.00
10/09/20182.7400SELL 89.18
27/08/20182.8100BUY 91.64
13/08/20182.8300SHORT 91.36
09/08/20182.9500BUY 95.62
25/07/20182.8900SHORT 98.04
23/07/20182.9300BUY 99.80
† Trade commissions are taken as 0.20%.

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