Title
by Americanbulls.com LLC
Last Update
18/02/2020
MEGACPO.MX
MEGACABLE HOLDINGS CPO
Last Signal: SHORT
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
72.1600
Change:
-1.1700
Percent change
-1.60%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH DARK CLOUD COVER pattern finally received a confirmation because the prices crossed below the confirmation level which was at 72.2300, and our valid average selling price stands now at 72.1600. The previous BUY signal was issued on 13/02/2020, 5 days ago, when the stock price was 72.2800. Since then MEGACPO.MX has fallen by -0.17%.
Market Outlook
The 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. 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 
 
MXN100⇨ 
18/02/202072.1600SHORT 96.76
13/02/202072.2800BUY 97.31
11/02/202070.9100SHORT 99.63
05/02/202071.1800BUY 100.41
31/01/202073.0800SHORT 98.26
17/01/202075.4250BUY 101.82
15/01/202075.0050SHORT 102.80
13/01/202075.2700BUY 103.58
07/01/202076.9400SELL 103.79
24/12/201978.0800BUY 105.54
20/12/201977.9100SELL 105.75
16/12/201975.0100BUY 102.02
10/12/201973.4600SHORT 104.64
05/12/201974.0000BUY 105.83
17/10/201983.0500SELL 106.04
14/10/201983.4800BUY 106.80
09/10/201983.2000SELL 107.01
03/10/201980.2400BUY 103.41
30/09/201979.9400SELL 103.62
11/09/201976.8400BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
MXN100⇨ 
18/02/202072.1600SHORT 97.01
13/02/202072.2800BUY 97.56
11/02/202070.9100SHORT 99.88
05/02/202071.1800BUY 100.66
31/01/202073.0800SHORT 98.50
17/01/202075.4250BUY 102.07
15/01/202075.0050SHORT 103.06
13/01/202075.2700BUY 103.84
07/01/202076.9400SELL 104.05
24/12/201978.0800BUY 105.80
20/12/201977.9100SELL 106.01
16/12/201975.0100BUY 102.27
10/12/201973.4600SHORT 104.89
05/12/201974.0000BUY 106.08
17/10/201983.0500SELL 106.29
14/10/201983.4800BUY 107.05
09/10/201983.2000SELL 107.26
03/10/201980.2400BUY 103.65
30/09/201979.9400SELL 103.86
11/09/201976.8400BUY 100.03
03/09/201979.4400SELL 100.23
16/08/201974.6600BUY 94.39
12/08/201981.0400SELL 94.58
30/07/201983.0000BUY 97.06
10/07/201981.3500SELL 97.25
04/07/201982.3300BUY 98.62
28/06/201982.2700SELL 98.82
20/06/201981.0400BUY 97.54
14/06/201982.9800SELL 97.74
11/06/201982.2900BUY 97.12
06/06/201979.8500SHORT 100.58
30/05/201981.2650BUY 102.77
20/05/201982.9800SHORT 101.09
15/05/201982.2300BUY 100.58
26/04/201990.9200SELL 100.78
24/04/201991.8200BUY 101.98
15/04/201991.2700SELL 102.18
01/04/201990.5700BUY 101.60
28/03/201988.7300SELL 101.80
11/03/201984.7800BUY 97.46
27/02/201987.0900SELL 97.66
21/02/201988.8200BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
MXN100⇨ 
18/02/202072.1600SHORT 102.11
13/02/202072.2800BUY 102.69
11/02/202070.9100SHORT 105.13
05/02/202071.1800BUY 105.95
31/01/202073.0800SHORT 103.68
17/01/202075.4250BUY 107.44
15/01/202075.0050SHORT 108.48
13/01/202075.2700BUY 109.30
07/01/202076.9400SELL 109.52
24/12/201978.0800BUY 111.37
20/12/201977.9100SELL 111.59
16/12/201975.0100BUY 107.65
10/12/201973.4600SHORT 110.41
05/12/201974.0000BUY 111.67
17/10/201983.0500SELL 111.89
14/10/201983.4800BUY 112.69
09/10/201983.2000SELL 112.92
03/10/201980.2400BUY 109.12
30/09/201979.9400SELL 109.34
11/09/201976.8400BUY 105.31
03/09/201979.4400SELL 105.52
16/08/201974.6600BUY 99.37
12/08/201981.0400SELL 99.57
30/07/201983.0000BUY 102.18
10/07/201981.3500SELL 102.38
04/07/201982.3300BUY 103.82
28/06/201982.2700SELL 104.03
20/06/201981.0400BUY 102.68
14/06/201982.9800SELL 102.89
11/06/201982.2900BUY 102.24
06/06/201979.8500SHORT 105.89
30/05/201981.2650BUY 108.20
20/05/201982.9800SHORT 106.43
15/05/201982.2300BUY 105.89
26/04/201990.9200SELL 106.10
24/04/201991.8200BUY 107.37
15/04/201991.2700SELL 107.59
01/04/201990.5700BUY 106.98
28/03/201988.7300SELL 107.19
11/03/201984.7800BUY 102.62
27/02/201987.0900SELL 102.83
21/02/201988.8200BUY 105.08
19/02/201985.9500SELL 105.29
15/02/201987.6200BUY 107.55
13/02/201985.8900SHORT 110.20
01/02/201986.9600BUY 112.02
24/01/201988.3550SELL 112.24
21/01/201987.3200BUY 111.15
21/12/201894.9000SELL 111.37
17/12/201894.9800BUY 111.69
07/12/201894.4900SHORT 112.72
22/11/201894.7000BUY 113.42
16/11/201896.0050SELL 113.65
05/11/201891.8300BUY 108.93
25/10/201898.0400SELL 109.15
17/10/201897.0000BUY 108.21
10/10/201895.9800SELL 108.43
08/10/201897.8000BUY 110.71
04/10/201896.2000SELL 110.93
26/09/201896.2600BUY 111.22
21/09/201895.8900SELL 111.44
17/08/201884.9500BUY 98.92
07/08/201885.7300SHORT 98.42
26/07/201887.3700BUY 100.71
13/07/201889.5100SELL 100.91
02/07/201882.1200BUY 92.76
14/06/201884.4300SHORT 90.65
07/06/201884.5900BUY 91.19
25/05/201887.4500SELL 91.37
23/05/201888.1100BUY 92.24
15/05/201887.2700SELL 92.42
10/05/201888.1500BUY 93.54
07/05/201886.6700SELL 93.73
27/04/201885.6300BUY 92.79
12/04/201883.4000SHORT 95.72
06/04/201884.5300BUY 97.41
27/03/201886.1000SELL 97.61
08/03/201884.3350BUY 95.80
06/03/201883.3900SELL 95.99
01/03/201884.2200BUY 97.14
27/02/201883.0200SHORT 98.96
19/02/201883.3900BUY 99.80
† Trade commissions are taken as 0.20%.

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