ROK ROCA MINES INC Daily Commentary
Our system posted a BUY-IF today. The previous SELL recommendation that was confirmed was made on 01.10.2005 (13) days ago, when the stock price was 0.3800. Since then ROK has gained 0.00% .
Is this finally a good time to buy? Well, it depends. First check what happened at after hours trading and future values. Then, follow the next session very carefully and be on your toes. This candlestick pattern is a bullish one, but we have to see whether it will be confirmed or not.
Do you see a gap-up at the market open? Do you see a white candlestick forming with a higher close at the session's end? Shortly, is it a nice bullish day? If so, place your buy orders and open new long positions. The market is now on the bull side.
But, be careful, also. If you see a gap-down when the market opens, or if the session closes with a bearish sentiment producing a black candlestick characterized by a lower close, do not challenge the market. Ignore the BUY-IF alert. Cancel the buy orders and cover any new long positions that you might have opened. Bears are still in control.
[MOTTO OF THE DAY] Buy only if the bulls are in charge Forget about it if the bears surge
BUY-IF 0.3800 0.0000 0.00% Candlestick Analysis Today’s Candlestick Patterns:
White Opening Marubozu Bullish Meeting Lines
Today a White Opening Marubozu was formed. This shows that the day opened and then the prices continued to go up all day long without coming below the opening level thus forming a long white body, however prices did not close at the high of the day and thus they created an upper shadow.
For more about this candlestick click here.
The last two candlesticks formed a Bullish Meeting Lines Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.
For more about this pattern click here.
Stock Quote Day's Close 0.3800 Previous Close 0.3800 Previous Open 0.3900 Change 0.0000 % Change 0.00% Volume 24,200 Stock Activity Day's Open 0.3600 Day's High 0.3900 Day's Low 0.3600 50-Day Close M.A. 0.2982 200-Day Close M.A. 0.2621 65-Day Volume M.A. 90,955
Two-Year Signal History Date Price Signal $100 Became 01.10.05 0.3800 Sell 178 11.12.04 0.2000 Buy 94 08.30.04 0.2950 Sell 94 08.17.04 0.2350 Buy 74 05.28.04 0.2350 Sell 74 12.31.03 0.2150 Buy 68 12.18.03 0.2100 Sell 68 10.22.03 0.1700 Buy 55 10.15.03 0.1600 Sell 55 09.04.03 0.2900 Buy 100 07.09.03 0.3250 Sell 100 |