002317 SHENZHEN
Guangdong Zhongsheng Pharmaceutical A
BUY
Close
17.23
Prev.Close
16.72
Change
+0.5100
Change%
+3.05%
BULLISH THREE GAP DOWNS
Bought at
16.85
Open
16.76
High
17.23
Low
16.76
Close
17.23
Gain%
+2.26%
Signal History
Pattern & Confirmation Chart for the Last 6 Months
Our system’s recommendation today is to BUY. The BULLISH THREE GAP DOWNS pattern finally received a confirmation because the prices crossed above the confirmation level which was at 16.75, and our valid average buying price stands now at 16.85. The previous SELL signal was issued on 2023-11-28, 10 days ago, when the stock price was 18.46. Since then 002317 has fallen by -8.72%.
We may be at a market bottom or at the start of a reaction rally. Let’s jump on our white horses and go for a bullish ride. Today’s candlestick has a white body and its close is above the confirmation level. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.
This is a four day bullish reversal pattern. It consists of three consecutive days each gapping lower on the open. After Three Gap Downs the market becomes extremely oversold and ready for the reversal of the current downtrend. more...
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