Das liegt an W : O
Auch die Candlestick- Analyse wirft für CDY ein "Buy-if" aus.
CARDERO RESOURCE CP
Daily Commentary
Our system posted a BUY-IF today. The previous BUY recommendation that was confirmed was made on 12.05.2005 (11) days ago, when the stock price was 4.0200. Since then CDY has gained 1.24% .
Well, there was a bullish pattern but it has not been confirmed yet. Another buying opportunity winks to us but it is a bit early for a definite action. Patience is a good attitude after all. First keep an eye on after hours trading and futures and then see what happens in the next session. What we are seeking is the confirmation of the recent bullish candlestick pattern.
Do you see a gap-up at the market open? Do you see a nice white candlestick forming with a higher close at the session`s end? Is it finally the expected bullish day? If so, it is the right time for definite action. Increase your holdings or open new long positions.
What should you do if you do not get this confirmation in the next session? Maybe, it is a down day, or indecision still continues. Our prescription is simple. Ignore the BUY-IF alert and do not put any new buy orders; and definitely cover any new long positions that you might have opened. Don`t challenge the market.
Today a High Wave was formed. This implies a loss of sense of direction and that there is a great amount of indecision in the market.
http://www.americanbulls.com/StockPage.asp?CompanyTicker=CDY…
Neono