Title
by Americanbulls.com LLC
Last Update
29/11/2022
TECL.MX
Direxion Daily Technology Bull 3X Shares ETF
Last Signal: STAY IN CASH
Last Pattern: BULLISH STOP LOSS
Last Close:
491.7600
Change:
-15.4900
Percent change
-3.05%
Signal Update
Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 16/11/2022, 13 days ago, when the stock price was 527.3200. Since then TECL.MX has fallen by -6.74%.
Market Outlook
The bullish zeal that triggered the bullish stop loss is now over. The bears are back with vigor and strength. The market action once more proved the wisdom of our strict confirmation rules by avoiding a bull trap. Besides, the signal is suggesting to STAY IN CASH. It is best to follow the signal and wait on the sidelines while looking forward to a genuine bull run. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bearish patterns. The conditions for the activation of the Bullish stop loss are two consecutive highs or a close above the stop loss level of a recently confirmed bearish pattern. more...
Signal History
Date 
Price 
Signal 
 
MXN100⇨ 
16/11/2022527.3200SELL 199.82
08/11/2022451.9800BUY 171.61
01/11/2022506.5500SELL 171.95
13/10/2022436.8600BUY 148.59
07/10/2022467.8000SHORT 139.93
04/10/2022503.1600BUY 151.11
14/09/2022589.0000SHORT 132.42
09/09/2022652.7700BUY 147.35
19/08/2022870.8600SELL 147.65
28/07/2022750.8100BUY 127.55
25/07/2022705.3400SELL 127.81
20/07/2022694.6500BUY 126.13
12/07/2022630.9500SELL 126.38
15/06/2022596.6900BUY 119.76
06/06/2022750.3900SHORT 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
MXN100⇨ 
16/11/2022527.3200SELL 193.69
08/11/2022451.9800BUY 166.35
01/11/2022506.5500SELL 166.68
13/10/2022436.8600BUY 144.04
07/10/2022467.8000SHORT 135.65
04/10/2022503.1600BUY 146.49
14/09/2022589.0000SHORT 128.37
09/09/2022652.7700BUY 142.84
19/08/2022870.8600SELL 143.13
28/07/2022750.8100BUY 123.65
25/07/2022705.3400SELL 123.90
20/07/2022694.6500BUY 122.27
12/07/2022630.9500SELL 122.52
15/06/2022596.6900BUY 116.10
06/06/2022750.3900SHORT 96.75
26/05/2022680.3600BUY 88.07
19/05/2022645.6800SHORT 93.44
16/05/2022717.1900BUY 104.20
05/05/2022855.0400SHORT 90.09
28/04/2022912.6400BUY 96.54
31/03/20221,247.8400SELL 96.73
16/03/20221,036.4400BUY 80.50
03/03/20221,134.3100SHORT 74.40
25/02/20221,133.0600BUY 74.62
18/02/20221,173.5700SHORT 72.42
15/02/20221,262.7900BUY 78.24
11/02/20221,326.3200SELL 78.40
09/02/20221,408.7700BUY 83.44
03/02/20221,396.6300SELL 83.61
31/01/20221,375.4600BUY 82.51
18/01/20221,421.0100SHORT 80.27
11/01/20221,557.0050BUY 88.30
30/12/20211,816.0000SELL 88.48
27/12/20211,833.7500BUY 89.52
14/12/20211,708.4100SHORT 97.00
07/12/20211,750.6700BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
MXN100⇨ 
16/11/2022527.3200SELL 298.44
08/11/2022451.9800BUY 256.31
01/11/2022506.5500SELL 256.82
13/10/2022436.8600BUY 221.93
07/10/2022467.8000SHORT 209.00
04/10/2022503.1600BUY 225.70
14/09/2022589.0000SHORT 197.78
09/09/2022652.7700BUY 220.07
19/08/2022870.8600SELL 220.51
28/07/2022750.8100BUY 190.49
25/07/2022705.3400SELL 190.87
20/07/2022694.6500BUY 188.35
12/07/2022630.9500SELL 188.73
15/06/2022596.6900BUY 178.84
06/06/2022750.3900SHORT 149.03
26/05/2022680.3600BUY 135.66
19/05/2022645.6800SHORT 143.94
16/05/2022717.1900BUY 160.52
05/05/2022855.0400SHORT 138.79
28/04/2022912.6400BUY 148.73
31/03/20221,247.8400SELL 149.03
16/03/20221,036.4400BUY 124.03
03/03/20221,134.3100SHORT 114.64
25/02/20221,133.0600BUY 114.97
18/02/20221,173.5700SHORT 111.58
15/02/20221,262.7900BUY 120.54
11/02/20221,326.3200SELL 120.78
09/02/20221,408.7700BUY 128.54
03/02/20221,396.6300SELL 128.80
31/01/20221,375.4600BUY 127.10
18/01/20221,421.0100SHORT 123.65
11/01/20221,557.0050BUY 136.03
30/12/20211,816.0000SELL 136.30
27/12/20211,833.7500BUY 137.91
14/12/20211,708.4100SHORT 149.43
07/12/20211,750.6700BUY 153.74
22/11/20211,730.0000SELL 154.05
12/11/20211,589.0900BUY 141.79
10/11/20211,565.3200SELL 142.07
14/10/20211,249.7800BUY 113.66
12/10/20211,211.1200SHORT 117.88
06/10/20211,195.5700BUY 116.83
27/09/20211,281.6000SHORT 109.92
22/09/20211,245.8400BUY 107.28
01/09/20211,370.3500SELL 107.49
30/08/20211,397.6500BUY 109.85
26/08/20211,338.4200SELL 110.07
20/08/20211,277.9500BUY 105.31
10/08/20211,252.4300SELL 105.52
04/08/20211,247.0100BUY 105.27
27/07/20211,249.1550SELL 105.48
21/07/20211,204.8600BUY 101.94
19/07/20211,142.7300SELL 102.14
10/06/2021952.0700BUY 85.27
03/06/2021899.6500SELL 85.44
24/05/2021905.4700BUY 86.17
18/05/2021838.6400SHORT 94.01
14/05/2021847.1000BUY 95.34
11/05/2021859.5900SHORT 94.35
07/05/2021930.6100BUY 102.56
30/04/2021971.7800SHORT 98.79
26/04/20211,019.5800BUY 104.06
20/04/2021980.4000SELL 104.27
31/03/2021829.9700BUY 88.45
18/03/2021815.6900SELL 88.63
09/03/2021821.7500BUY 89.47
03/03/2021862.5300SHORT 85.77
01/03/2021878.8400BUY 87.74
18/02/2021926.5000SELL 87.92
08/02/2021919.4500BUY 87.43
29/01/2021833.5400SELL 87.61
21/01/2021833.5700BUY 87.79
12/01/2021784.7800SHORT 93.98
08/01/2021821.5000BUY 98.77
05/01/2021779.8100SELL 98.97
22/12/2020784.7500BUY 99.80
† Trade commissions are taken as 0.20%.

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.

Mexicanobulls.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, Mexicanobulls.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 Mexicanobulls.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 Mexicanobulls.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.