IENT buy confirmed on American Bulls.

BUY
CONFIRMED

0.2499
+0.0549      +28.15%

Our system posted a  BUY CONFIRMED  today. The previous  SELL recommendation was issued on 12.24.2012 (18) days ago, when  the stock price was 0.1000. Since then IENT has gained 149.90% .

BUY-IF  is confirmed by a white candlestick with a lower open and a higher close. The buying price is the previous close ( 0.1950 ) according to the Rules of Confirmation.

The recent bullish formation leading to the BUY-IF signal is confirmed today. The market seems ready for a new bullish move. Though the market opened lower today, the day’s activity created a white candlestick that closed above the previous close. This is a valid confirmation criterion.

Today a  Long White Candlestick  was formed. This shows that the prices advanced significantly from open to close during the day under strong buying pressure.