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Re: None

Monday, 07/07/2008 11:48:33 PM

Monday, July 07, 2008 11:48:33 PM

Post# of 2974
Well, at least AmericanBulls has called it right.

Current status: BUY-IF

Our system posted a BUY-IF today. The previous SELL recommendation was issued on 03.10.2008 (119) days ago, when the stock price was 0.0007. Since then MRDY has fallen -57.14% .

Today a Four Price Doji was formed. It represents complete and total uncertainty in the market direction.

The last two candlesticks formed a Bullish Harami Cross Pattern. This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.

bbd

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