Xtreme One Entertainment Inc (XONI)

[BetandProfit]

BZCN daily - BUY IF

Today a Doji was formed. This shows indecision about the direction of the market and it represents a tug-of-war between buyers and sellers.


The last two candlesticks formed a Bullish (Doji) Star 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.


We do not suggest any new short positions given the bullish alert. The short sellers should consider covering their positions if the market confirms the BUY-IF signal. Otherwise, existing short positions should be carried.

[url]http://americanbulls.com/StockPage.asp?CompanyTicker=BZCN&MarketTicker=OTC&Typ=S[/url

The weekly buy was already confirmed
[url]http://americanbulls.com/weekly/StockPage.asp?CompanyTicker=BZCN&MarketTicker=OTC&Typ=S[/url

After a pullback the last run startet also from .0018 which is support now.


11/30/2009 0.0038 0.0049 0.0037 0.0049 614,408,300

11/27/2009 0.0027 0.0036 0.0026 0.0035 314,474,500

11/25/2009 0.0023 0.003 0.0018 0.0025 714,520,200

11/24/2009 0.0024 0.0041 0.002 0.0022 1,371,074,000

11/23/2009 0.0016 0.0021 0.0015 0.002 522,878,300


12/3/2009 0.0024 0.0026 0.0018 0.0024 654,213,300

Bullish days ahead, what need confirmation today. The next wave is coming IMO, hoping it boosts through the 2 resistances to the penny.