Title
by Americanbulls.com LLC
Last Update
2021-09-22
3051.TW
OPTIMAX TECH
Last Signal: SELL
Last Pattern: BEARISH MEETING LINE
Last Close:
9.4000
Change:
-0.6000
Percent change
-6.00%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH MEETING LINE pattern finally received a confirmation because the prices crossed below the confirmation level which was at 9.8800, and our valid average selling price stands now at 9.4400. The previous BUY signal was issued on 2021-09-15, 7 days ago, when the stock price was 9.0900. Since then 3051.TW has risen by +3.85%.
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 pattern occurs during an uptrend. The first day’s white candlestick is followed by a black candlestick that opens sharply higher and closes at the same level as the prior session’s close. It is similar to the Dark Cloud Cover pattern. However, the amount the second day drops is different. The Dark Cloud Cover’s second day closes below the midpoint of the first day’s body, while the second day the Bearish Meeting Line closes the same as the first day. Consequently, the Dark Cloud Cover is a more significant top reversal. Nonetheless, the Bearish Meeting Line should also be respected. more...
Signal History
Date 
Price 
Signal 
 
TWD100⇨ 
2021-09-229.4400SELL 251.95
2021-09-159.0900BUY 243.83
2021-09-0111.2300SELL 245.06
2021-08-269.1800BUY 201.33
2021-08-1811.6800SELL 202.34
2021-08-1611.8200BUY 205.79
2021-08-1111.9700SELL 206.82
2021-08-0311.8700BUY 206.12
2021-07-2311.3500SELL 207.16
2021-07-1911.4200BUY 209.49
2021-07-0511.9200SELL 210.54
2021-06-108.3200BUY 147.69
2021-06-048.2000SELL 148.43
2021-05-217.7400BUY 140.81
2021-05-039.5900SELL 141.52
2021-03-306.5000BUY 96.40
2021-03-266.8400SELL 96.88
2021-03-226.9900BUY 99.50
† Trade commissions are taken as 0.50%.
Date 
Price 
Signal 
 
TWD100⇨ 
2021-09-229.4400SELL 381.84
2021-09-159.0900BUY 369.53
2021-09-0111.2300SELL 371.39
2021-08-269.1800BUY 305.12
2021-08-1811.6800SELL 306.65
2021-08-1611.8200BUY 311.89
2021-08-1111.9700SELL 313.46
2021-08-0311.8700BUY 312.40
2021-07-2311.3500SELL 313.97
2021-07-1911.4200BUY 317.49
2021-07-0511.9200SELL 319.09
2021-06-108.3200BUY 223.84
2021-06-048.2000SELL 224.96
2021-05-217.7400BUY 213.41
2021-05-039.5900SELL 214.48
2021-03-306.5000BUY 146.10
2021-03-266.8400SELL 146.83
2021-03-226.9900BUY 150.80
2021-03-166.8000SELL 151.56
2021-01-285.9400BUY 133.06
2021-01-206.0000SELL 133.73
2021-01-126.2000BUY 138.88
2020-12-316.4100SELL 139.58
2020-12-165.5800BUY 122.12
2020-12-105.6600SELL 122.73
2020-11-054.5200BUY 98.50
2020-10-064.8800SELL 99.00
2020-09-234.8800BUY 99.50
† Trade commissions are taken as 0.50%.
Date 
Price 
Signal 
 
TWD100⇨ 
2021-09-229.4400SELL 673.56
2021-09-159.0900BUY 651.85
2021-09-0111.2300SELL 655.13
2021-08-269.1800BUY 538.23
2021-08-1811.6800SELL 540.93
2021-08-1611.8200BUY 550.16
2021-08-1111.9700SELL 552.92
2021-08-0311.8700BUY 551.06
2021-07-2311.3500SELL 553.83
2021-07-1911.4200BUY 560.05
2021-07-0511.9200SELL 562.86
2021-06-108.3200BUY 394.84
2021-06-048.2000SELL 396.82
2021-05-217.7400BUY 376.44
2021-05-039.5900SELL 378.33
2021-03-306.5000BUY 257.72
2021-03-266.8400SELL 259.02
2021-03-226.9900BUY 266.03
2021-03-166.8000SELL 267.37
2021-01-285.9400BUY 234.73
2021-01-206.0000SELL 235.91
2021-01-126.2000BUY 245.00
2020-12-316.4100SELL 246.23
2020-12-165.5800BUY 215.42
2020-12-105.6600SELL 216.50
2020-11-054.5200BUY 173.76
2020-10-064.8800SELL 174.63
2020-09-234.8800BUY 175.51
2020-09-104.9600SELL 176.39
2020-08-053.9100BUY 139.75
2020-07-143.7700SELL 140.45
2020-07-093.6800BUY 137.79
2020-06-223.8500SELL 138.48
2020-06-113.8100BUY 137.73
2020-06-083.6800SELL 138.42
2020-05-273.5200BUY 133.07
2020-05-193.3850SELL 133.74
2020-04-173.0200BUY 119.92
2020-04-152.9300SELL 120.52
2020-04-062.9100BUY 120.30
2020-03-033.9600SELL 120.90
2020-02-073.2200BUY 98.80
2020-01-313.1800SELL 99.30
2020-01-093.1500BUY 98.86
2020-01-063.1300SELL 99.36
2019-12-263.1700BUY 101.14
2019-12-193.1200SELL 101.65
2019-11-292.7300BUY 89.39
2019-11-182.8300SELL 89.84
2019-11-073.1400BUY 100.18
2019-10-293.0400SELL 100.68
2019-10-222.9300BUY 97.52
2019-10-142.9500SELL 98.01
2019-10-022.9800BUY 99.50
† Trade commissions are taken as 0.50%.

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