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Not Updated since 08/09/2010 09/09/2010  
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ALDEERA
Al-Deera Holding Co. K.S.C.C
Daily Commentary

Our system posted a BUY-IF today. The previous SELL recommendation was issued on 06.09.2010 ( 2 ) days ago, when the stock price was 50.000 . Since then ALDEERA has gained 0.00% .

The BUY-IF alert is still valid. A confirmation today however is denied. The pattern is not rejected yet since the day 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 the next session. Either the alert will be confirmed by one of the valid confirmation criteria or the bullish alert will be void and null.

It is still your duty to check the confirmation criteria when the next session opens. Reminding briefly; a white candlestick with an upward gap, a white candlestick closing above previous close and a long white candlestick with a big downward gap is sufficient to confirm the BUY-IF alert though with a one day delay. Go long in any of these cases by respecting the benchmarks. In any other case, simply ignore the BUY-IF alert. The next session 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
50.000
0.000 0.00%
Candlestick Analysis
Today’s Candlestick Patterns:
Short White Candlestick
Candlestick Pattern

Today a Short White Candlestick was formed. This represents relatively weak buying pressure with little price movement.
For more about this candlestick click here.


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Stock Quote
Day's Close 50.000
Previous Close 50.000
Previous Open 47.500
Change 0.000
% Change 0.00%
Volume 160,000
 
Stock Activity
Day's Open 49.000
Day's High 50.000
Day's Low 49.000
20-Day Close M.A. 51.675
50-Day Close M.A. 52.350
65-Day Volume M.A. 3,806,154
 

14-Month Signal History
Date          Price   Signal 100 KWD
Became
06.09.10 50.000    Sell 87
26.08.10 51.000    Buy 89
22.08.10 53.000    Sell 89
08.08.10 54.000    Buy 90
08.07.10 46.000    Sell 90
29.06.10 51.000    Buy 100
09.06.10 62.000    Sell 100
02.06.10 62.000    Buy 100
31.05.10 64.000    Sell 100
10.02.10 99.000    Buy 155
07.02.10 100.000    Sell 155
17.01.10 106.000    Buy 164
13.01.10 112.000    Sell 164
05.01.10 99.000    Buy 145
31.12.09 100.000    Sell 145
14.12.09 78.000    Buy 113
07.12.09 75.000    Sell 113
18.11.09 78.000    Buy 118
29.10.09 106.000    Sell 118
27.10.09 104.000    Buy 115
22.10.09 110.000    Sell 115
15.10.09 114.000    Buy 120
12.10.09 116.000    Sell 120
15.09.09 108.000    Buy 111
07.09.09 120.000    Sell 111
27.08.09 110.000    Buy 102
03.08.09 102.000    Sell 102
21.07.09 92.000    Buy 92
19.07.09 92.000    Sell 92
08.07.09 100.000    Buy 100
 
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