American Bulls Admits they made a mistake!
Our system posted a BUY-IF today. The previous SELL recommendation was issued on 03.23.2012 (25) days ago, when the stock price was 0.0025. Since then SIRG has gained 60.00% .
A bullish pattern has developed and a BUY-IF alert is issued today.
You will also see if we erred badly in our previous SELL signal.
So a warning is in order. Confirmation in the next session means that the signal failed. This failure amounts to missing a significant bullish opportunity. You can, however, still ride on a back wagon of the bullish train by following the guidelines below. The task is now to confirm the validity of this bullish pattern. We will guide you through this process but the prime star of this game is nobody but you. First you must do your homework. A good starting point may be to keep an eye on after-hours and futures trading to get preliminary hints about the direction of the market. Related news, events, economic data, and the world stock markets should also be closely followed prior to confirmation session.
Today a White Closing Marubozu was formed. This shows that the day opened and then prices went lower slightly, however it was followed by a rally that drove the prices over the opening price and the rally continued all day ending with a closing price equal to the high of the day.
The last two candlesticks formed a Bullish Engulfing Pattern.
Stock Quote
Day's Close 0.0040
Previous Close 0.0033
Previous Open 0.0035
Change +0.0007
% Change +21.21%
Volume 3,064,750
Stock Activity
Day's Open 0.0031
Day's High 0.0040
Day's Low 0.0030
20-Day Close M.A. 0.0027
50-Day Close M.A. 0.0025
65-Day Volume M.A. 4,188,256
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