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Not Updated since 3/9/2010 5/9/2010  
 
SANI-B.CO
SANISTAL B ORD (Copenhagen)
Weekly Commentary

Our system posted BUY-IF . The previous SELL recommendation that was confirmed was made on 20.08.2010 (14) days ago, when the stock price was 61.0000 . Since then SANI-B.CO has fallen -4.92% .

The BUY-IF alert is still valid. A confirmation was denied, but the pattern is not rejected yet since the past week 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 for the second week. Either the alert will be confirmed by one of the valid confirmation criteria or the bullish alert will be void and null.

We are posting daily the current confirmation status, but It is still your duty to check the confirmation criteria. Reminding briefly; a white candlestick with an upward gap, a white candlestick closing above previous week's close or a long white candlestick with a big downward gap is sufficient to confirm the BUY-IF alert though with a one week delay. Go long in any of these cases by respecting the benchmarks. In any other case, simply ignore the BUY-IF alert. This second week 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.

 
BUY-IF
58.000
+1.0000 +1.75%
Candlestick Analysis
This Week's Patterns: Black Opening Marubozu
Candlestick Pattern


This week a Black Opening Marubozu was formed. This shows that the week opened and prices continuously went down but they did not close at the low of the week and thus they created a lower shadow.
For more about this candlestick click here.


 
 
Stock Quote
Week's Close 58.000
Previous Weekly Close 57.000
Previous Weekly Open 57.000
Change +1.0000
% Change +1.75%
Volume 31
 
Stock Activity
Week's Open 60.500
Week's High 60.500
Week's Low 57.000
20-Week Close M.A. 63.425
50-Week Close M.A. 71.830
20-Week Volume M.A. 111
 

Two-Year Signal History
Week of          Price   Signal IDR 100
Became
20.08.10 61.000    Sell 114
06.08.10 60.500    Buy 113
18.06.10 64.000    Sell 113
04.06.10 62.000    Buy 110
22.01.10 82.500    Sell 110
30.12.09 63.000    Buy 84
27.11.09 86.000    Sell 84
13.11.09 86.000    Buy 84
30.10.09 86.000    Sell 84
21.08.09 95.000    Buy 93
31.07.09 87.500    Sell 93
20.05.09 107.50    Buy 114
06.02.09 103.00    Sell 114
09.01.09 100.00    Buy 110
15.08.08 370.00    Sell 110
25.07.08 335.00    Buy 100
13.06.08 485.00    Sell 100
 
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