RE: Diagnostic imaging acquistions: $210M-$658M range set.28 Oct 2024 08:46
Nice to see they got the last short call wrong.
Bulls britishbulls
25/10/2024
Signal Update
Our system’s recommendation today is to BUY. The BULLISH ENGULFING pattern finally received a confirmation because the prices crossed above the confirmation level which was at 1.3000, and our valid average buying price stands now at 1.3100. The previous SHORT signal was issued on 23/10/2024, 2 days ago, when the stock price was 1.2620. Since then POLX.L has risen by +3.80%.
Market Outlook
We may be at a market bottom or at the start of a reaction rally. The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. 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. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance.
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. more...