Not that I always believe
the American Bulls, But
TTCS
TITAN CONSOLIDATED INC
Daily CommentaryOur system posted a BUY-IF today. The previous SELL recommendation that was confirmed was made on 10.11.2004 (28) days ago, when the stock price was 0.0260. Since then TTCS has fallen -67.31% .
Is this finally a good time to buy? Well, it depends. First check what happened at after hours trading and future values. Then, follow the next session very carefully and be on your toes. This candlestick pattern is a bullish one, but we have to see whether it will be confirmed or not.
Do you see a gap-up at the market open? Do you see a white candlestick forming with a higher close at the session's end? Shortly, is it a nice bullish day? If so, place your buy orders and open new long positions. The market is now on the bull side.
But, be careful, also. If you see a gap-down when the market opens, or if the session closes with a bearish sentiment producing a black candlestick characterized by a lower close, do not challenge the market. Ignore the BUY-IF alert. Cancel the buy orders and cover any new long positions that you might have opened. Bears are still in control.
[MOTTO OF THE DAY]
Buy only if the bulls are in charge
Forget about it if the bears surge
BUY-IF
0.0085
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Candlestick Analysis
Today’s Candlestick Patterns:
Black Candlestick
Bullish Matching Low
Today a Black Candlestick was formed. This represents normal selling pressure.
For more about this candlestick click here.
The last two candlesticks formed a Bullish Matching Low Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.
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