Looksmart Limited (LKST)

[Bryce]

LOOKSMART LTD 2.850 +0.250 +9.62% Daily Commentary BUY

Our system recommends BUY as of today. Previous SELL recommendation was made on 4/25/2003 (53) days ago, when the stock price was 3.100. Since then the stock fell -8.06% .

Today the stock closed higher with a higher high and a higher low. The volume is extremely high. The security price is trending up.


There is a strong upward move that turned up all the moving averages. This may be a sign of a new uptrend. It is still not too late to buy this stock.

Candlestick Analysis
Today’s Candlestick Patterns:
Long White Candlestick


Today a Long White Candlestick formed. Buyers were aggressive and buying pressure was strong. Be careful, this may lead to excessive bullishness!