Title
by Americanbulls.com LLC
Last Update
2020-12-04
600889
NANJING FIBRE A
Last Signal: SELL
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
7.1200
Change:
-0.1400
Percent change
-1.93%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH DARK CLOUD COVER pattern finally received a confirmation because the prices crossed below the confirmation level which was at 7.1600, and our valid average selling price stands now at 7.1200. The previous BUY signal was issued on 2020-11-30, 4 days ago, when the stock price was 6.9600. Since then 600889 has risen by +2.30%.
Market Outlook
The 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...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
Date 
Price 
Signal 
 
CNY100⇨ 
2020-12-047.1200SELL 133.53
2020-11-306.9600BUY 131.32
2020-11-117.1800SELL 132.11
2020-11-057.1300BUY 131.98
2020-10-237.3400SELL 132.78
2020-10-197.4100BUY 134.86
2020-09-148.5600SELL 135.67
2020-09-118.8100BUY 140.48
2020-09-078.5600SELL 141.33
2020-07-297.0350BUY 116.85
2020-07-226.8600SELL 117.56
2020-07-207.0500BUY 121.55
2020-07-156.7200SELL 122.28
2020-06-225.4300BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2020-12-047.1200SELL 156.08
2020-11-306.9600BUY 153.49
2020-11-117.1800SELL 154.42
2020-11-057.1300BUY 154.27
2020-10-237.3400SELL 155.20
2020-10-197.4100BUY 157.63
2020-09-148.5600SELL 158.58
2020-09-118.8100BUY 164.20
2020-09-078.5600SELL 165.19
2020-07-297.0350BUY 136.58
2020-07-226.8600SELL 137.40
2020-07-207.0500BUY 142.06
2020-07-156.7200SELL 142.92
2020-06-225.4300BUY 116.18
2020-06-185.2200SELL 116.88
2020-06-015.5800BUY 125.69
2020-05-285.4600SELL 126.45
2020-05-205.5800BUY 130.01
2020-05-135.7300SELL 130.79
2020-05-115.8200BUY 133.65
2020-04-305.7100SELL 134.46
2020-04-285.8000BUY 137.40
2020-04-155.9550SELL 138.23
2020-03-204.8800BUY 113.96
2020-03-125.2000SELL 114.65
2020-02-244.7700BUY 105.80
2020-02-114.5400SELL 106.44
2020-02-054.3500BUY 102.60
2020-01-234.6700SELL 103.22
2019-12-174.4700BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2020-12-047.1200SELL 160.77
2020-11-306.9600BUY 158.11
2020-11-117.1800SELL 159.06
2020-11-057.1300BUY 158.91
2020-10-237.3400SELL 159.87
2020-10-197.4100BUY 162.37
2020-09-148.5600SELL 163.35
2020-09-118.8100BUY 169.14
2020-09-078.5600SELL 170.16
2020-07-297.0350BUY 140.69
2020-07-226.8600SELL 141.54
2020-07-207.0500BUY 146.34
2020-07-156.7200SELL 147.22
2020-06-225.4300BUY 119.68
2020-06-185.2200SELL 120.40
2020-06-015.5800BUY 129.48
2020-05-285.4600SELL 130.26
2020-05-205.5800BUY 133.93
2020-05-135.7300SELL 134.74
2020-05-115.8200BUY 137.68
2020-04-305.7100SELL 138.51
2020-04-285.8000BUY 141.54
2020-04-155.9550SELL 142.39
2020-03-204.8800BUY 117.39
2020-03-125.2000SELL 118.10
2020-02-244.7700BUY 108.99
2020-02-114.5400SELL 109.65
2020-02-054.3500BUY 105.70
2020-01-234.6700SELL 106.34
2019-12-174.4700BUY 102.40
2019-12-114.3200SELL 103.02
2019-11-194.2000BUY 100.76
2019-11-044.5300SELL 101.37
2019-10-224.6700BUY 105.13
2019-10-164.7400SELL 105.76
2019-10-094.6400BUY 104.15
2019-09-234.8200SELL 104.78
2019-09-194.8800BUY 106.72
2019-09-164.9300SELL 107.36
2019-09-044.7700BUY 104.50
2019-08-304.6700SELL 105.13
2019-08-194.6100BUY 104.41
2019-07-254.9700SELL 105.04
2019-07-125.0800BUY 108.01
2019-07-035.1200SELL 108.66
2019-06-215.1500BUY 109.96
2019-06-184.9000SELL 110.62
2019-06-115.0050BUY 113.67
2019-05-305.1400SELL 114.36
2019-05-275.0800BUY 113.71
2019-05-145.1300SELL 114.40
2019-05-105.2600BUY 118.01
2019-04-226.2850SELL 118.72
2019-04-176.2300BUY 118.39
2019-04-156.1000SELL 119.10
2019-04-036.0100BUY 118.05
2019-03-265.8400SELL 118.76
2019-03-185.7200BUY 117.02
2019-03-085.8100SELL 117.73
2019-02-124.7100BUY 96.02
2019-01-244.9100SELL 96.60
2019-01-224.9500BUY 97.97
2019-01-175.0100SELL 98.56
2019-01-024.6350BUY 91.73
2018-12-254.6300SELL 92.28
2018-12-214.7000BUY 94.24
2018-12-184.7300SELL 94.81
2018-12-134.8700BUY 98.21
2018-12-065.2000SELL 98.80
2018-12-045.2000BUY 99.40
† Trade commissions are taken as 0.60%.

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