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Last Update
4/17/2014
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SELLS
 
8110 (TADAWUL)
 
Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=4201>BEARISH THREE GAP UPS</a>...8110 وفا للتأمين Close : 112.0000 chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series, Series 6 series, Series 7 series, Series 8 series, Series 9 series.
The chart above shows how 8110 displayed a rally after the BUY signal which was issued on 4/3/2014. Since then, the gain in this stock stretched to a whopping 42.97%. 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 BEARISH THREE GAP UPS pattern that led to this bearish signal indicates that there is a downside potential of 11.68%. 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.
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Last EOD Update Results
Date
Symbol
Signal
Avg. Price
Signal
Pattern
Last
Change%
4/17/2014
8110  
SELL114.3750SELL
4201
112.0000-2.08
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