Alaska Pacific Energy Corp (ASKE)

[SOUTHGAS]

ASKE From American Bulls~ALASKA PACIFIC ENERGY CP
Daily Commentary

Our system posted a BUY-IF today. The previous SELL recommendation was issued on 05.09.2012 (83) days ago, when the stock price was 0.0007. Since then ASKE has fallen -57.14% .

The BUY-IF alert is still valid. A confirmation today however is denied. The pattern is not rejected yet since the day was not a long black candlestick one. The market is currently testing your patience. Continue to do your homework by digesting all available information around.

The final judgment about the evolving pattern waits the next session. Either the alert will be confirmed by one of the valid confirmation criteria or the bullish alert will be void and null.

It is still your duty to check the confirmation criteria when the next session opens. Reminding briefly; a white candlestick with an upward gap, a white candlestick closing above previous close and a long white candlestick with a big downward gap is sufficient to confirm the BUY-IF alert though with a one day delay. Go long in any of these cases by respecting the benchmarks. In any other case, simply ignore the BUY-IF alert. The next session is the last chance we allow for confirmation. A confirmation failure renders the assumed bullish pattern totally invalid and starts the process of searching for a new pattern.

We do not yet 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.
Data provided by: End of Day Data


BUY-IF

0.0003
-0.0001 -25.00%
Candlestick Analysis
Today’s Candlestick Patterns:
Black Spinning Top

Candlestick Pattern

Today a Black Spinning Top was formed. This represents complete indecision between the bulls and the bears.
For more about this candlestick click here.