Previous Signal: STAY SHORT
Signal Update 17/12 BUY
Our system’s recommendation today is to BUY. The BULLISH HARAMI pattern finally received a confirmation because the prices crossed above the confirmation level which was at 0.2150, and our valid average buying price stands now at 0.2200. The previous SHORT signal was issued on 07/12/2015, 10 days ago, when the stock price was 0.2400. Since then BRU.AX has fallen by -8.33%. (....errrr, Shirley shum misteak?)
Market Outlook
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance.
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