GREY:STPJF - Post by User
Post by
awol1on Jan 05, 2013 12:09am
312 Views
Post# 20800736
american bulls- stp a buy
american bulls- stp a buy for what its worth, STP listed as a buy on the front page. Maybe this will help break this holding trend.
https://americanbulls.com/Default.asp
https://americanbulls.com/StockPage.asp?CompanyTicker=STP&MarketTicker=TSE&Typ=S
| |  | | | SOUTHERN PACIFIC RESOURCE CP | Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 01.02.2013 (2) days ago, when the stock price was 1.2900. Since then STP has fallen -3.10% .
BUY-IF is confirmed by a white candlestick which has an open equal to the previous close but closing higher. The buying price is the previous close ( 1.2300 ) according to the Rules of Confirmation. The recent bullish formation leading to the BUY-IF signal is confirmed today. The market is ready for a new bullish move. Though the market opened lower today, the day’s activity created a white candlestick that closed above the previous close. This is a valid confirmation criterion. We hope that you acted quickly and already bought this stock . Your important benchmark was the previous close. You were supposed to watch the session carefully, feel its bullish tendency despite the lower opening, and go long after making sure that the prices stay over the previous close. If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on safe grounds as long as the future prices continue to trade above the benchmark price. What to do if you did not buy? 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 buying in the following sessions. The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any. Data provided by: End of Day Data | | | | | Candlestick Analysis | | Today’s Candlestick Patterns:
White Spinning Top | | | | | Today a White Spinning Top was formed. This represents complete indecision between the bulls and the bears.
For more about this candlestick click here.
| |