The chart above shows the bullish rally of ULT.L
after the BUY
signal which was issued on 6/7/2013. The stock price edged up with a decent gain of 155.19%. The bullish mood, however, may be over. Our system detected a BEARISH HARAMI
pattern which may be a sign of a market sentiment switching from bullish to bearish. This pattern deserves utmost attention because STAY LONG positions must be opened immediately in case of a confirmation. The BEARISH HARAMI
pattern, if confirmed, indicates a downside potential of 9.69%. The bullish reaction rally may be over, but patience is required at this point! Do not forget that confirmation is the prerequisite for any further move!