MARKET STATUS REPORT
Trend:
The market is BULLISH for the moment. The bulls are dominating the market. On the other hand, we can say that there are considerable signs of unrest among the bears. They may be seriously considering taking long positions, too. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bulls are slightly stronger but the flow of money is rather balanced. You also have to know that the money waiting at the sidelines is not comfortable anymore. Sideliners are worried that they may be missing the bulls’ train.
The chart above shows how TBN.AX displayed a rally after the BUY signal which was issued on 19/02/2024. Since then, the gain in this stock stretched to a whopping 28%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Bought on
29/02/2024
 
ASM.AX
 
Last Signal
BUY
2102
Buy Level
0.9750
Bought at
0.9800
Close
0.9800
 
 
Bought on
29/02/2024
 
LPM.AX
 
Last Signal
BUY
2108
Buy Level
0.1800
Bought at
0.1850
Close
0.1850
 
 
Sold on
29/02/2024
 
REH.AX
 
Reece
 
Last Signal
SELL
2202
Sell Level
26.90
Sold at
26.87
Close
26.87
 
 
Sold on
29/02/2024
 
TBN.AX
 
Last Signal
SELL
2202
Sell Level
0.2275
Sold at
0.2200
Close
0.2200
 
 
Bought on
28/02/2024
 
CAI.AX
 
Last Signal
STAY LONG
0
 
Bought at
0.1520
Close
0.1600
Gain%
5.26
Bought on
28/02/2024
 
CYL.AX
 
Last Signal
STAY LONG
0
 
Bought at
0.4900
Close
0.4900
 
 
Sold on
28/02/2024
 
MTM.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
0.0990
Close
0.0880
Gain%
-11.11
Sold on
28/02/2024
 
RUL.AX
 
Last Signal
STAY IN CASH
60000
Buy Level
2.1900
Sold at
2.1500
Close
2.2400
Loss%
4.19
Bought on
27/02/2024
 
FGR.AX
 
Last Signal
STAY LONG
2201
Sell Level
0.0570
Bought at
0.0590
Close
0.0570
Loss%
-3.39
Sold on
27/02/2024
 
GWA.AX
 
Last Signal
STAY IN CASH
2111
Buy Level
2.7300
Sold at
2.6300
Close
2.6800
Loss%
1.90
Sold on
27/02/2024
 
NTI.AX
 
Last Signal
STAY IN CASH
2103
Buy Level
0.1150
Sold at
0.1140
Close
0.1100
Gain%
-3.51
Sold on
26/02/2024
 
IIQ.AX
 
Inoviq
 
Last Signal
STAY SHORT
2101
Buy Level
0.6950
Sold at
0.7520
Close
0.6800
Gain%
-9.57
Bought on
26/02/2024
 
JRV.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.0240
Bought at
0.0250
Close
0.0250
 
 
Bought on
26/02/2024
 
SSR.AX
 
Last Signal
SHORT
70000
Sell Level
6.6000
Bought at
6.9700
Close
6.4100
Loss%
-8.03
Sold on
23/02/2024
 
STP.AX
 
Last Signal
BUY
60000
Buy Level
1.6450
Sold at
1.5490
Close
1.7000
Loss%
9.75
Bought on
23/02/2024
 
TOT.AX
 
Last Signal
STAY LONG
2208
Sell Level
0.4225
Bought at
0.4070
Close
0.4200
Gain%
3.19
Sold on
22/02/2024
 
BFL.AX
 
Last Signal
STAY IN CASH
2106
Buy Level
6.9150
Sold at
7.0200
Close
6.5500
Gain%
-6.70
Bought on
22/02/2024
 
MGT.AX
 
Last Signal
STAY LONG
70000
Sell Level
0.2600
Bought at
0.2700
Close
0.2500
Loss%
-7.41
Bought on
22/02/2024
 
PTX.AX
 
Last Signal
STAY LONG
2201
Sell Level
0.0460
Bought at
0.0480
Close
0.0470
Loss%
-2.08
Sold on
21/02/2024
 
ALU.AX
 
Altium
 
Last Signal
STAY IN CASH
0
 
Sold at
65.60
Close
64.76
Gain%
-1.28
Bought on
16/02/2024
 
TER.AX
 
Last Signal
SHORT
2202
Sell Level
0.2600
Bought at
0.2700
Close
0.2450
Loss%
-9.26
Bought on
15/02/2024
 
IMR.AX
 
Last Signal
STAY LONG
2209
Sell Level
0.4850
Bought at
0.4600
Close
0.5000
Gain%
8.70
Bought on
14/02/2024
 
LEL.AX
 
Last Signal
STAY LONG
2202
Sell Level
0.4550
Bought at
0.3330
Close
0.5950
Gain%
78.68
Sold on
12/02/2024
 
GQG.AX
 
Last Signal
STAY IN CASH
60000
Buy Level
2.2000
Sold at
2.1200
Close
2.1900
Loss%
3.30
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