InvestorsHub Logo
Followers 6
Posts 1426
Boards Moderated 0
Alias Born 03/15/2005

Re: pual post# 11290

Tuesday, 05/30/2006 6:05:34 PM

Tuesday, May 30, 2006 6:05:34 PM

Post# of 19550
Go to Americanbulls.com and type in VLXC and this will follow (it will probably be updated soon with a response to to today's activity)

Search Ticker Not Updated since 5/26/2006 5/30/2006



VLXC

VELTEX
Daily Commentary


Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 05.16.2006 (10) days ago, when the stock price was 0.7300. Since then VLXC has gained 8.22% .

BUY-IF is confirmed by a white candlestick with a lower open and a higher close. The buying price is the previous close ( 0.6300 ) according to the Rules of Confirmation.

The recent bullish formation leading to the BUY-IF signal is confirmed today. The market seems 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.

The significant failure of the previous SELL signal is unfortunately confirmed too. Our shot went away this time. It is a fact that such signal failures are more unlikely for higher rated stocks, but it is not possible to deal with all the vagaries of the stock market. The signal system, however, continues to do an excellent job in the overall, despite such failures. This can be seen easily with a quick glance to the signal history table.

We hope that you bought this stock and still have the chance to profit from the later phase of the bullish attack. Today 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 relatively safe grounds as long as the future prices continue to trade above the benchmark price and if an emergency warning is not issued. 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 and still profit in case of a sustained bullish move.

The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any. We erred significantly on the short side last time, but we are sure that you may easily cover your losses (if any) by basing your future trades on our signal system.

Data provided by: End of Day Data



BUY
CONFIRMED


0.7900
+0.1600 +25.40%

Candlestick Analysis
Today’s Candlestick Patterns:
White Opening Marubozu




Today a White Opening Marubozu was formed. This shows that the day opened and then the prices continued to go up all day long without coming below the opening level thus forming a long white body, however prices did not close at the high of the day and thus they created an upper shadow.
For more about this candlestick click here.






Stock Quote
Day's Close 0.7900
Previous Close 0.6300
Previous Open 0.6500
Change +0.1600
% Change +25.40%
Volume 155,378
Stock Activity
Day's Open 0.6200
Day's High 0.8000
Day's Low 0.6200
50-Day Close M.A. 0.7205
200-Day Close M.A. 0.8164
65-Day Volume M.A. 82,545



Two-Year Signal History
Date Price Signal $100
Became
05.26.06 0.6300 Buy 9,313
05.16.06 0.7300 Sell 9,313
04.27.06 0.7900 Buy 10,079
04.24.06 0.8500 Sell 10,079
04.19.06 0.8400 Buy 9,960
03.22.06 0.9500 Sell 9,960
03.13.06 0.9500 Buy 9,960
02.10.06 1.020 Sell 9,960
01.27.06 1.060 Buy 10,351
01.13.06 1.350 Sell 10,351
01.05.06 1.020 Buy 7,821
12.20.05 1.100 Sell 7,821
12.15.05 1.400 Buy 9,954
12.08.05 1.500 Sell 9,954
11.21.05 0.8100 Buy 5,375
10.21.05 1.000 Sell 5,375
10.18.05 1.000 Buy 5,375
09.08.05 1.160 Sell 5,375
09.06.05 1.200 Buy 5,560
08.18.05 1.570 Sell 5,560
08.11.05 1.550 Buy 5,489
07.29.05 1.660 Sell 5,489
07.26.05 1.620 Buy 5,357
07.19.05 1.550 Sell 5,357
07.01.05 1.600 Buy 5,530
06.20.05 2.200 Sell 5,530
06.09.05 1.660 Buy 4,173
05.18.05 1.180 Sell 4,173
05.16.05 1.080 Buy 3,819
05.02.05 1.070 Sell 3,819
04.07.05 0.7700 Buy 2,748
03.30.05 1.100 Sell 2,748
03.17.05 1.200 Buy 2,998
03.09.05 1.400 Sell 2,998
03.07.05 1.270 Buy 2,720
02.15.05 1.250 Sell 2,720
02.11.05 1.220 Buy 2,654
01.26.05 2.110 Sell 2,654
01.20.05 2.250 Buy 2,831
01.12.05 2.050 Sell 2,831
12.31.04 1.800 Buy 2,485
12.28.04 2.050 Sell 2,485
12.23.04 2.030 Buy 2,461
11.24.04 3.600 Sell 2,461
11.04.04 2.200 Buy 1,504
10.29.04 2.600 Sell 1,504
10.22.04 0.6400 Buy 370
10.06.04 0.9800 Sell 370
09.23.04 0.7500 Buy 283
09.07.04 1.200 Sell 283
09.01.04 0.9000 Buy 213
07.15.04 1.700 Sell 213
07.07.04 1.200 Buy 150
07.01.04 1.500 Sell 150
06.24.04 1.000 Buy 100


Disclaimer
The opinions provided herein are intended to inform. They come with no warranty of any kind. If you should choose to interpret AmericanBulls.com information as investment advice, you do so at your own risk. Investing can be a very dangerous venture and it is you who must assume the entire cost and risk involved in all of your investment decisions, should you choose to follow this advice or use this information. AmericanBulls.com staff, members of the staff's families, and/or entities with which they are affiliated, may from time to time, buy, sell or hold stock in and have other financial dealings with the companies that appear on the AmericanBulls.com web site, mailings, or publications. The information contained on the AmericanBulls.com web site, mailings, and publications is drawn from sources believed to be factual and reliable, but in no way does AmericanBulls.com represent or guarantee the accuracy or completeness thereof, nor in providing it, does AmericanBulls.com assume any liability. This information is given as of the date appearing on the AmericanBulls.com web site report or mailing, and AmericanBulls.com assumes no obligation to update the information or advice on further developments relating to any named securities. The information found on the AmericanBulls.com web site, mailings, or publications is protected by the copyright laws of the United States and may not be copied, or reproduced in any way without the expressed, written consent of the editors.