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Updated 7/9/2010  
 
U19.SI
UNITED ENVIRO ORD (Singapore)
Daily Commentary

Our system posted a SELL-IF today. The previous BUY recommendation was issued on 09.03.2010 (4) days ago, when the price was 0.3800. Since then U19.SI has gained 9.21% .

The SELL-IF alert is still valid. A bearish confirmation today however is denied. The pattern is not yet rejected since the day was not a long white candlestick day. The market is indecisive so keep up the good work and continue to do your homework digesting all available information around.

The final judgment about the evolving pattern waits the next session. Either the bearish alert will be confirmed by one of the valid bearish confirmation criteria or the bearish alert will be void and invalid.

It is still your duty to check the bearish confirmation criteria when the next session opens. Reminding briefly, a black candlestick with a downward gap, a black candlestick closing below the previous close and a long black candlestick with a big upward gap is sufficient to confirm the SELL-IF alert though with a one day delay. Sell your shares in any of these cases by respecting the benchmarks. In any other case, simply ignore the SELL-IF alert. The next session is the last chance we allow for bearish confirmation. A confirmation failure renders the assumed bearish pattern totally invalid and starts the process of searching for a new pattern.

The bearish alert is still valid so existing short positions should be carried. New short positions may be considered only in case of valid bearish confirmation.

 
SELL-IF
0.4150
+0.0050 +1.22%
Candlestick Analysis
Today’s Candlestick Patterns:
Umbrella
Candlestick Pattern

Today a Umbrella was formed. The long lower shadow shows the evidence for buying pressure, but the position of low price indicates that plenty of sellers still are around.
For more about this candlestick click here.


 
 
Stock Quote
Day's Close 0.4150
Previous Close 0.4100
Previous Open 0.4050
Change +0.0050
% Change +1.22%
Volume 58,020
 
Stock Activity
Day's Open 0.4150
Day's High 0.4150
Day's Low 0.4050
20-Day Close M.A. 0.3855
50-Day Close M.A. 0.3843
65-Day Volume M.A. 114,682
 

Two-Year Signal History
Date          Price   Signal SGD 100
Became
03.09.10 0.3800    Buy 896
10.08.10 0.4300    Sell 896
27.05.10 0.2800    Buy 583
19.05.10 0.3100    Sell 583
13.05.10 0.2900    Buy 546
16.04.10 0.3450    Sell 546
14.04.10 0.3450    Buy 546
12.04.10 0.3350    Sell 546
08.04.10 0.3100    Buy 505
31.03.10 0.3000    Sell 505
25.03.10 0.2900    Buy 488
19.03.10 0.2950    Sell 488
17.03.10 0.2900    Buy 480
04.03.10 0.2850    Sell 480
01.03.10 0.2800    Buy 471
05.02.10 0.2750    Sell 471
03.02.10 0.2900    Buy 497
21.01.10 0.3350    Sell 497
19.01.10 0.3200    Buy 475
15.01.10 0.3250    Sell 475
11.01.10 0.3350    Buy 489
07.01.10 0.3300    Sell 489
28.12.09 0.2900    Buy 430
11.12.09 0.3250    Sell 430
02.12.09 0.2800    Buy 371
19.11.09 0.3150    Sell 371
16.11.09 0.3150    Buy 371
12.11.09 0.3150    Sell 371
09.11.09 0.3050    Buy 359
27.10.09 0.4000    Sell 359
23.10.09 0.4050    Buy 363
20.10.09 0.4250    Sell 363
02.10.09 0.4700    Buy 402
29.09.09 0.5150    Sell 402
03.09.09 0.1900    Buy 148
28.08.09 0.2050    Sell 148
25.08.09 0.1750    Buy 127
07.08.09 0.1550    Sell 127
31.07.09 0.1450    Buy 118
07.07.09 0.1300    Sell 118
17.06.09 0.1200    Buy 109
15.06.09 0.1200    Sell 109
11.06.09 0.1200    Buy 109
05.06.09 0.1300    Sell 109
02.06.09 0.0950    Buy 80
15.05.09 0.1150    Sell 80
06.01.09 0.1150    Buy 80
23.12.08 0.1150    Sell 80
31.10.08 0.1000    Buy 69
22.10.08 0.1150    Sell 69
17.10.08 0.1200    Buy 72
10.10.08 0.1300    Sell 72
19.09.08 0.1700    Buy 95
11.09.08 0.1800    Sell 95
08.09.08 0.1900    Buy 100
 
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