InvestorsHub Logo
icon url

chmcnfunds

04/20/11 8:52 AM

#153 RE: Wizzywilly #152

American Bulls has put a Hold on ROIAK:

ROIAK
RADIO ONE INC CL D
Daily Commentary

Our system posted a HOLD today. The previous BUY recommendation was issued on 04.15.2011 (4) days ago, when the stock price was 2.1100. Since then ROIAK has gained 22.75% .

Our advice today is simple and clear. Hold your stocks and wait for a new signal.

Do not bother yourself with further buying and selling as long as the HOLD tag stays.

Data provided by: End of Day Data

HOLD
2.5900
+0.3400 +15.11%
Candlestick Analysis
Today’s Candlestick Patterns:
Long White Candlestick

Today a Long White Candlestick was formed. This shows that the prices advanced significantly from open to close during the day under strong buying pressure.
____________________________________________________________________

http://americanbulls.com/StockPage.asp?CompanyTicker=ROIAK&MarketTicker=NASD&TYP=S

The long white candle stick is bullish showing buying pressure all day. I suspect the "Hold" by American Bulls comes from the significant increase in pps. To me the chart looks great except it has risen above the upper BB which some people suggest could result in a slight pull back today. I guess it is weighing the recent news and the over-all market today.

ROIAK