statistically speaking, over the last 12 month with 33 recommendations announced, they (aussiebulls) were 27x right and 6x wrong
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Signal Update Our system’s recommendation today is to BUY. The BULLISH HARAMI pattern finally received a confirmation because the prices crossed the confirmation level which was at 0.5450, and our valid average buying price stands now at 0.5470. The previous SELL recommendation was issued on 5/14/2013, 17 days ago, when the stock price was 0.6630. Since then LYC.AX has fallen by -17.50%.
Market Outlook We may be at a market bottom or at the start of a reaction rally. Let’s jump on our white horses and go for a bullish ride. Today’s candlestick has a white body and its close is above the confirmation level. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.
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