PHARMACYTE BIOTECH Last Signal:STAY IN CASH Last Pattern:BULLISH ENGULFING Last Close:0.1470 Change:+0.0155 Percent change+11.79% Signal Update Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 12/09/2016, 18 days ago, when the stock price was 0.1398. Since then PMCB has risen by +5.15%.Market Outlook The market is finally giving hints of a bullish resurgence. Today a bullish pattern is detected.
Pattern Description This pattern is characterized by a large white body engulfing a preceding smaller black body, which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. This is an important bottom reversal signal.