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Not Updated since 08/09/2010 09/09/2010  
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SURA
SURA
Daily Commentary

Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 06.09.2010 ( 2 ) days ago, when the stock price was 0.720 . Since then SURA has gained 2.78% .

BUY-IF is confirmed by a white candlestick with a higher open. The buying price is today's open ( 0.7200 ) according to the Rules of Confirmation.

The recent bullish formation leading to the BUY-IF signal is confirmed today. The market seems ready for a new bullish move. It opened today with a gap-up and the day’s activity resulted in a close higher than the open. This is one of our valid confirmation criteria.

The slight failure of the previous SELL signal is currently confirmed, too. We closely monitor the performance of the signals, but a few shots missing the target slightly are inevitable when you deal with the stock market. However, such signal failures are more unlikely for higher rated stocks.

We hope that you bought this stock . Today you were supposed to watch the upward gap in the opening, wait a bit, feel the bullish tendency of the market making sure that prices stay over the opening price and then go long. Your benchmark was the opening price of the upward gap.

If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on relatively safe grounds as long as the future prices continue to trade above the benchmark price and if an emergency warning is not issued. What to do if you did not buy? Maybe, you did not have time to follow the session 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 immediately if there are any. We erred on the short side last time, but we hope that this is just an exception.

 
BUY
CONFIRMED
0.740
+0.030 +4.23%
Candlestick Analysis
Today’s Candlestick Patterns:
White Marubozu
Candlestick Pattern

Today a White Marubozu was formed. This shows that the buyers controlled the price action from the first trade to the last trade.
For more about this candlestick click here.


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Stock Quote
Day's Close 0.740
Previous Close 0.710
Previous Open 0.720
Change +0.030
% Change +4.23%
Volume 586,176
 
Stock Activity
Day's Open 0.720
Day's High 0.740
Day's Low 0.720
20-Day Close M.A. 0.651
50-Day Close M.A. 0.567
65-Day Volume M.A. 670,617
 

16-Month Signal History
Date          Price   Signal 100 JOD
Became
08.09.10 0.720    Buy   336
06.09.10 0.720    Sell 336
22.08.10 0.600    Buy 280
17.08.10 0.570    Sell 280
27.07.10 0.470    Buy 231
21.07.10 0.490    Sell 231
15.07.10 0.480    Buy 226
04.07.10 0.590    Sell 226
30.06.10 0.590    Buy 226
28.06.10 0.580    Sell 226
22.06.10 0.570    Buy 222
09.06.10 0.620    Sell 222
03.06.10 0.660    Buy 236
26.05.10 0.740    Sell 236
27.04.10 0.760    Buy 243
19.04.10 0.810    Sell 243
31.03.10 0.770    Buy 231
24.03.10 0.780    Sell 231
08.03.10 0.650    Buy 192
04.03.10 0.650    Sell 192
22.02.10 0.590    Buy 175
10.02.10 0.650    Sell 175
20.01.10 0.650    Buy 175
06.01.10 0.650    Sell 175
23.12.09 0.600    Buy 161
12.11.09 0.680    Sell 161
10.11.09 0.680    Buy 161
29.10.09 0.680    Sell 161
27.10.09 0.670    Buy 159
21.10.09 0.680    Sell 159
18.10.09 0.670    Buy 156
29.09.09 0.730    Sell 156
24.09.09 0.750    Buy 161
08.09.09 0.730    Sell 161
02.09.09 0.660    Buy 145
26.08.09 0.660    Sell 145
20.08.09 0.620    Buy 136
16.08.09 0.670    Sell 136
03.08.09 0.670    Buy 136
29.07.09 0.690    Sell 136
14.07.09 0.520    Buy 103
24.06.09 0.700    Sell 103
22.06.09 0.700    Buy 103
11.06.09 0.720    Sell 103
08.06.09 0.720    Buy 103
03.06.09 0.720    Sell 103
25.05.09 0.700    Buy 100
 
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