OTCPK:WSRLF - Post by User
Comment by
seeingeyeon Nov 19, 2010 9:12am
281 Views
Post# 17728806
RE: Ouch !!!!!!!!
RE: Ouch !!!!!!!!Afraid you may be right on that call for today Crude. AM Bulls the shorters and day traders site has a SELL posted for WZR.
Perhaps time to adjust the stop losses before open. Dont give up to much folks.
Does anyone have the short positions handy for yesterday?
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WESTERNZAGROS RESOURCES LTD |
Daily Commentary
Our system posted a SELL CONFIRMED today. The previous BUY recommendation was issued on 11.11.2010 (7) days ago, when the stock price was 0.5000. Since then WZR has gained 8.00% .
SELL-IF is confirmed by a black candlestick with a lower open. The selling price is today's open ( 0.5700 ) according to the Rules of Confirmation.
Bears are getting stronger. The market hesitated a bit, but finally confirmed the bearish pattern with a one day delay. It opened today with a gap-down and the day’s activity resulted in a close lower than the open. This is a valid bearish confirmation.
We hope that you sold this stock . You should watch the downward gap in the opening, wait a bit, feel the bearish tendency of the market making sure that prices stay below the opening price and then sell your shares. Your benchmark was the opening price of the downward gap. A weakness in prices is implied as long as the prices stay below the benchmark.
If you sold, keep away from this stock until the confirmation of a new BUY-IF signal. What to do if you did not already sell? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well, it is a bit late, but not too late. You may still find suitable prices for selling your shares in the following sessions.
The market is an inviting one for short-sellers. Risk lovers may now go for short sale.
Data provided by: End of Day Data
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Candlestick Analysis |
Today’s Candlestick Patterns:
Black Candlestick
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