Last Signal:SHORT LARGO RESOURCES Last Signal:SHORT
LARGO RESOURCES
Short Report
Jun 15, 2020
Number of Shares Shorted Net Change -28 %
Jun 15, 2020 232,949
Last Pattern:BEARISH ONE BLACK CROW
Signal UpdateOur system’s recommendation today is to SHORT.
The BEARISH ONE BLACK CROW pattern finally received a confirmation
because the prices crossed below the confirmation level which was at 0.8000,
and our valid average selling price stands now at 0.7900.
The previous BUY signal was issued on 17/06/2020, 2 days ago, when the stock price was 0.8950.
Since then LGO.TO has fallen by -11.73%.
Market OutlookThe bears have strong evidence and this evidence prompts us to make a bearish bet.
The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated.
Follow the signal and profit from the bearish enthusiasm before it is too late.
SHORT is a dangerous signal.
Sudden increases in prices can lead to huge losses.
For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss.