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Friday, 07/17/2020 5:37:41 AM

Friday, July 17, 2020 5:37:41 AM

Post# of 1448
IMEXF IMAGIN MEDICAL Last Signal:SELL
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=IMEXF
From 7/17/20
Last Pattern:BEARISH ENGULFING
Last Close:0.0200Change:-0.0043Percent change-17.70%Signal UpdateOur system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 0.0230, and our valid average selling price stands now at 0.0200. The previous BUY signal was issued on 06/22/2020, 24 days ago, when the stock price was 0.0243. Since then IMEXF has fallen by -17.70%.Market OutlookThe market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...This site is protected by Trustwave's Trusted Commerce program

Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern DescriptionThis pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...