confirm buy

Target 6+ in ST
Signal Update Our system’s recommendation today is to BUY. The BULLISH ONE WHITE SOLDIER pattern finally received a confirmation because the prices crossed the confirmation level which was at 5.0800, and our valid average buying price stands now at 5.2000. The previous SELL recommendation was issued on 12/11/2013, 8 days ago, when the stock price was 7.8150. Since then SIV.AX has fallen by -33.46%.

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.