Energy One Corp (EGOC)

[vincen71]

I have no doubt that it will but for now I am just assuming for the next trading day. I will keep it true to what I believe and post what I believe. When I believe that it will go up the next day than I will post just that.

http://www.americanbulls.com/StockPage.asp?CompanyTicker=EGOC&MarketTicker=OTC&TYP=S

This site also confirms my opinion. Until something else change tomorrow than I will change my opinion.

This is what the site said:
Our system posted a SELL CONFIRMED today. The previous BUY recommendation was issued on 09.23.2011 (4) days ago, when the stock price was 0.0017. Since then EGOC has gained 58.82% .

SELL-IF is confirmed by a black candlestick with a higher open and a lower close. The selling price is the previous close ( 0.0032 ) according to the Rules of Confirmation.

The recent bearish pattern leading to the SELL-IF signal is confirmed today. The market is poised for a bearish move. Though the market opened higher today, the day’s activity created a black candlestick that closed below the previous close. This is one of our valid bearish confirmation criteria.

We hope that you sold this stock . Your important benchmark was the previous close. You were supposed to watch the session carefully, feel its bearish tendency despite the higher opening and sell your shares after making sure that the prices stay below the previous close.