Ann: Ceasing to be a substantial holder , page-11

This is from the (aussiebulls.com) web site....


RED.AX

RED 5 ORD
ASX
Daily Commentary


Our system posted a HOLD today. The previous BUY recommendation was issued on 04.21.2011 (8) days ago, when the price was 0.1700. Since then RED.AX has fallen -8.82% .



A Warning is in order! The previous BUY signal failed. Downward momentum now reached to intolerable levels.

You can either wait for a new bullish alert or sell the immediately. It is up to you. We owe you an apology.

You can play the short side assuming all risk if you want to. Our stance, however, is currently neutral in this matter.




"HOLD"


0.1550
-0.0100 -6.06%

Candlestick Analysis
Today�s Candlestick Patterns:
Black Opening Marubozu




Today a Black Opening Marubozu was formed. This shows that the day opened and prices continuously went down but they did not close at the low of the day and thus they created a lower shadow.
For more about this candlestick click here.





Stock Quote
Day's Close 0.1550
Previous Close 0.1650
Previous Open 0.1650
Change -0.0100
% Change -6.06%
Volume 3,400,476
Stock Activity
Day's Open 0.1650
Day's High 0.1650
Day's Low 0.1500
20-Day Close M.A. 0.1733
50-Day Close M.A. 0.1725
65-Day Volume M.A. 1,995,121

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My view is to hold , Ive been holding for many years Now ...and not about to give up at this point , just when everything is coming together.I can see the light beyond the the trees, Now is the time to hold tight no matter how hard the wind blows and how savagely the tree shakes, Im holding on