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Not Updated since 3/9/2010 5/9/2010  
 
5917
SAKURADA ORD (Tokyo)
Weekly Commentary

Our system posted BUY CONFIRMED . The previous SELL recommendation that was confirmed was made on 07.05.2010 (119) days ago, when the stock price was 28.0000 . Since then 5917 has fallen -28.57% .

BUY-IF is confirmed by a white candlestick with an equal open and a higher close. The confirmation price is taken as the previous close (19.000) according to Rules of Confirmation.

The recent bullish formation leading to the BUY-IF signal is confirmed this week. The market is ready for a new bullish move. Though the market opened lower this week, the price activity created a white candlestick that closed above the previous week's close. This is a valid confirmation criterion.

We hope that you acted quickly and already bought this . Your important benchmark was the previous week's close. You were supposed to watch the sessions during the week carefully, closely monitor the current confirmation status posted daily, feel the bullish tendency of the market despite the lower opening, and go long after making sure that the prices stay over the previous week's close.

If you bought, continue to hold this until the confirmation of the next SELL-IF signal. You are on safe grounds as long as the future prices continue to trade above the benchmark price. What to do if you did not buy? Maybe, you did not have time to follow the sessions during the week or you simply delegated the delicate job of confirmation to us. Well, it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.

The market is currently cold for short-sellers. Avoid any short sales and cover the short positions if there are any.

 
BUY
CONFIRMED
20.000
+1.0000 +5.26%
Candlestick Analysis
This Week's Patterns: White Spinning Top
Candlestick Pattern


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


 
 
Stock Quote
Week's Close 20.000
Previous Weekly Close 19.000
Previous Weekly Open 19.000
Change +1.0000
% Change +5.26%
Volume 19,270
 
Stock Activity
Week's Open 19.000
Week's High 21.000
Week's Low 18.000
20-Week Close M.A. 23.500
50-Week Close M.A. 24.660
20-Week Volume M.A. 34,427
 

20-Month Signal History
Week of          Price   Signal IDR 100
Became
03.09.10 19.000    Buy   616
07.05.10 28.000    Sell 616
12.03.10 25.000    Buy 550
29.05.09 33.000    Sell 550
30.01.09 6.000    Buy 100
 
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