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Sunday, October 17, 2004 7:39:51 PM
SUNNCOMM INTL INC
Daily Commentary
Our system posted a BUY-IF today. The previous BUY recommendation that was confirmed was made on 09.23.2004 (24) days ago, when the stock price was 0.0650. Since then SCMI has gained 12.31% .
Are you eager to sell your shares? Well we say: “Stick to them for the moment!” Market mood is again bullish. Our SELL-IF alert is not confirmed. It is now null and void and should be ignored. Besides, we have a bullish pattern, now. This may be a call for another buying opportunity. Again it is time to be on your toes. First, be aware of what happened at after hours trading and futures. Then, follow the next session very carefully. This candlestick pattern is a bullish one, but we have to see whether it will be confirmed or not.
Do you see a gap-up at the market open? Do you see a white candlestick forming with a higher close at the session's end? Shortly, is it a nice bullish day? If so, increase your holdings or open new long positions.
Well, things do not go as expected sometimes. You may rather see a gap-down at the open or a black candlestick forming with a lower close in the next session. If this is the case, humbly accept the market verdict, cancel the buy orders and cover any long positions that you might have opened.
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