American Bulls
HSW INTL INC
Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 04.14.2009 (3) days ago, when the stock price was 0.2300. Since then HSWI has gained 4.35% .
BUY-IF is confirmed by a white candlestick with a higher open. The buying price is today's open ( 0.2199 ) according to the Rules of Confirmation.
Patience pays off. The market wavered a bit but finally confirmed the recent bullish formation. The dose of the previous day was not enough for a confirmation but today it is. The market opened with a gap-up and the day’s activity resulted in a close higher than the open. This is a valid confirmation criterion. The market seems ready for a new bullish move.
The slight failure of the previous SELL signal is currently confirmed, too. We closely monitor the performance of the signals, but a few shots missing the target slightly are inevitable when you deal with the stock market. However, such signal failures are more unlikely for higher rated stocks.
We hope that you bought this stock . Today you were supposed to watch the upward gap in the opening, wait a bit, feel the bullish tendency of the market making sure that prices stay over the opening price and then go long. Your benchmark was the opening price of the upward gap.
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 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.
The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any. We erred on the short side last time but we hope that this is just an exception.
Data provided by: End of Day Data
BUY
CONFIRMED
0.2400
+0.0300 +14.29%
Candlestick Analysis
Today’s Candlestick Patterns:
White Candlestick
Today a White Candlestick was formed. This represents normal buying pressure.
For more about this candlestick click here.
