Title
by Americanbulls.com LLC
Last Update
2019-07-18
603131
SHANGHAI HUGONG A
Last Signal: SELL
Last Pattern: BEARISH DARK CLOUD COVER..
Last Close:
15.0900
Change:
-0.7200
Percent change
-4.55%
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 15.4200, and our valid average selling price stands now at 15.3200. The previous BUY signal was issued on 2019-07-09, 9 days ago, when the stock price was 16.3900. Since then 603131 has fallen by -6.53%.
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 not a new pattern. It is the last pattern that was confirmed previously which is still valid for reconfirmation.
Signal History
Date 
Price 
Signal 
 
CNY100⇨ 
2019-07-1815.3200SELL 155.95
2019-07-0916.3900BUY 167.85
2019-07-0415.3000SELL 168.86
2019-06-2014.0600BUY 156.11
2019-06-1414.1600SELL 157.05
2019-06-1214.4714BUY 161.47
2019-05-2215.5414SELL 162.44
2019-05-1315.7412BUY 165.52
2019-04-0919.8434SELL 166.52
2019-03-2918.2153BUY 153.78
2019-03-1918.4000SELL 154.71
2019-02-1112.0071BUY 101.57
2019-01-3011.9228SELL 102.18
2019-01-2111.5286BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2019-07-1815.3200SELL 189.84
2019-07-0916.3900BUY 204.33
2019-07-0415.3000SELL 205.56
2019-06-2014.0600BUY 190.04
2019-06-1414.1600SELL 191.19
2019-06-1214.4714BUY 196.57
2019-05-2215.5414SELL 197.76
2019-05-1315.7412BUY 201.51
2019-04-0919.8434SELL 202.73
2019-03-2918.2153BUY 187.22
2019-03-1918.4000SELL 188.35
2019-02-1112.0071BUY 123.65
2019-01-3011.9228SELL 124.40
2019-01-2111.5286BUY 121.01
2019-01-0811.5117SELL 121.74
2019-01-0311.0620BUY 117.69
2018-12-2011.4839SELL 118.40
2018-12-0310.6451BUY 110.41
2018-11-2311.1201SELL 111.08
2018-11-1210.7357BUY 107.89
2018-11-0611.0991SELL 108.54
2018-10-189.3448BUY 91.94
2018-09-279.3286SELL 92.50
2018-09-199.3382BUY 93.15
2018-09-119.3929SELL 93.71
2018-09-079.7657BUY 98.02
2018-08-2310.0643SELL 98.61
2018-08-2110.2254BUY 100.79
2018-08-1310.6452SELL 101.40
2018-08-0710.3724BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2019-07-1815.3200SELL 176.74
2019-07-0916.3900BUY 190.23
2019-07-0415.3000SELL 191.38
2019-06-2014.0600BUY 176.93
2019-06-1414.1600SELL 178.00
2019-06-1214.4714BUY 183.01
2019-05-2215.5414SELL 184.11
2019-05-1315.7412BUY 187.60
2019-04-0919.8434SELL 188.73
2019-03-2918.2153BUY 174.29
2019-03-1918.4000SELL 175.34
2019-02-1112.0071BUY 115.11
2019-01-3011.9228SELL 115.80
2019-01-2111.5286BUY 112.65
2019-01-0811.5117SELL 113.33
2019-01-0311.0620BUY 109.56
2018-12-2011.4839SELL 110.22
2018-12-0310.6451BUY 102.79
2018-11-2311.1201SELL 103.41
2018-11-1210.7357BUY 100.44
2018-11-0611.0991SELL 101.05
2018-10-189.3448BUY 85.59
2018-09-279.3286SELL 86.11
2018-09-199.3382BUY 86.72
2018-09-119.3929SELL 87.24
2018-09-079.7657BUY 91.25
2018-08-2310.0643SELL 91.80
2018-08-2110.2254BUY 93.83
2018-08-1310.6452SELL 94.40
2018-08-0710.3724BUY 92.54
2018-08-0210.5604SELL 93.10
2018-07-0910.5429BUY 93.51
2018-07-0410.6448SELL 94.07
2018-06-2610.9975BUY 97.77
2018-06-1312.2873SELL 98.36
2018-06-0512.6929BUY 102.22
2018-05-2313.1595SELL 102.84
2018-05-2113.2143BUY 103.89
2018-05-1712.9643SELL 104.52
2018-05-1513.1929BUY 107.00
2018-05-1113.2722SELL 107.65
2018-05-0813.0748BUY 106.69
2018-04-2713.0296SELL 107.33
2018-04-2413.5127BUY 111.98
2018-04-1214.2593SELL 112.66
2018-03-2713.2571BUY 105.37
2018-03-2114.0071SELL 106.01
2018-03-0613.6430BUY 103.88
2018-02-2813.2643SELL 104.51
2018-02-2212.8306BUY 101.70
2018-02-0115.0101SELL 102.31
2018-01-3015.5276BUY 106.48
2018-01-2515.5797SELL 107.12
2018-01-1715.0130BUY 103.85
2018-01-1214.6565SELL 104.48
2018-01-0815.0139BUY 107.67
2018-01-0314.7857SELL 108.32
2017-12-2713.4871BUY 99.40
† Trade commissions are taken as 0.60%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Chinesebulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Chinesebulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Chinesebulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Chinesebulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.