buy confirmed - white marubozu was formed

I'll buy that.

MORNING STAR GOLD NL ORD
ASX
Daily Commentary

Today a White Marubozu was formed. This shows that the buyers controlled the price action from the first trade to the last trade.


Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 02.23.2012 (20) days ago, when the price was 0.2200. Since then MCO.AX has fallen -4.55% .

BUY-IF is confirmed by a white candlestick with a higher open. The buying price is today's open ( 0.1950 ) according to the Rules of Confirmation.

The recent bullish formation leading to the BUY-IF signal is confirmed today. The market is 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.

We hope that you bought this . You should 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.


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