Pattern Description STAY LONG: This patt
Post# of 16
Pattern Description STAY LONG: This pattern consists of three consecutive white candlesticks with consecutively higher closes in an uptrend.
Signal Update Our system’s recommendation today is to STAY LONG.
The previous BUY recommendation was issued
on 7/25/2013, 14 days ago, when the stock price was 0.0037.
Since then SFMI has risen by +148.65%.
Market Outlook
The bulls are in full control. The negative sentiment that led to the last bearish pattern has evaporated. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security.
8/9/2013 Daily Average .0095-.0096
The price is just above the pivot .009
1.The blue and red lines crossed with
the blue line on top Bullish
in the cloud "far right side" of the chart
see the green line crossing over the
red line "in the future" at S1 .007
turning Bullish
2.Parabolic SAR read dots under the price .007
breaking away from the group I call a breakout
3.RSI above 50
4.ADX Bullish
5.Force Index Bullish
6.MACD Bullish trending up
7.Accum/Dist more buyer Vs sellers since July 23, 2013
8.CCI above -0- @ 148.66
I try to remember to look ahead not only focus on
the current price. The current is a done deal where
is the price going is what I like to know. the
Ichimoku Clouds provide that information for me ;-D
Fill The Chart