Nice job with charts, computer trading systems are nearly ready to call this one a buy!
www.americanbulls.com/StockPage.asp?CompanyTicker=BMSN&MarketTicker=OTC&TYP=S
Search Ticker Updated 1/8/2013
BMSN
BIO-MATRIX SCIENTIFIC GROUP INC
Daily Commentary
Our system posted a BUY-IF today. The previous SELL recommendation was issued on 01.03.2013 (5) days ago, when the stock price was 0.0018. Since then BMSN has fallen -33.33% .
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
0.0012
0.0000 0.00%
Candlestick Analysis
Today’s Candlestick Patterns:
Doji
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.
For more about this candlestick click here.
Stock Quote
Day's Close 0.0012
Previous Close 0.0012
Previous Open 0.0010
Change 0.0000
% Change 0.00%
Volume 21,432,598
Stock Activity
Day's Open 0.0012
Day's High 0.0012
Day's Low 0.0009
20-Day Close M.A. 0.0008
50-Day Close M.A. 0.0009
65-Day Volume M.A. 47,879,195
Two-Year Signal History
Date Price Signal * $100
Became
01.03.13 0.0018 Sell 40
11.01.12 0.0015 Buy 34
10.16.12 0.0023 Sell 34
09.12.12 0.0020 Buy 29
08.31.12 0.0022 Sell 29
08.28.12 0.0025 Buy 34
08.22.12 0.0038 Sell 34
08.16.12 0.0031 Buy 27
08.14.12 0.0032 Sell 27
08.10.12 0.0030 Buy 26
08.07.12 0.0032 Sell 26
07.16.12 0.0033 Buy 27
07.09.12 0.0037 Sell 27
07.05.12 0.0039 Buy 28
07.02.12 0.0044 Sell 28
06.26.12 0.0043 Buy 27
06.22.12 0.0050 Sell 27
06.14.12 0.0079 Buy 44
06.12.12 0.0085 Sell 44
06.06.12 0.0035 Buy 18
06.01.12 0.0036 Sell 18
05.30.12 0.0029 Buy 14
05.15.12 0.0071 Sell 14
05.11.12 0.0070 Buy 14
05.02.12 0.0220 Sell 14
04.30.12 0.0340 Buy 22
12.29.11 0.0041 Sell 22
05.03.11 0.0297 Buy 161
01.18.11 0.0500 Sell 161
12.17.10 0.0310 Buy 100
* The negative impact of trade commissions and missed benchmark prices is reflected as -0.2% per trade.
Disclaimer
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