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Not Updated since 3/9/2010 6/9/2010  
 
COME.BA
COMER DEL PLATA ORD (Buenos Aires)
Daily Commentary

Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 08.03.2010 (31) days ago, when the price was 0.4030. Since then COME.BA has gained 7.94% .

BUY-IF is confirmed by a white candlestick with a higher open. The buying price is today's open ( 0.3900 ) 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. It opened today with a gap-up and the day’s activity resulted in a close higher than the open. This is one of our valid confirmation criteria.

The significant failure of the previous SELL signal is unfortunately confirmed too. Our shot went away this time. It is a fact that such signal failures are more unlikely for higher rated stocks, but it is not possible to deal with all the vagaries of the stock market. The signal system, however, continues to do an excellent job in the overall, despite such failures. This can be seen easily with a quick glance to the signal history table.

We hope that you bought this and still have the chance to profit from the later phase of the bullish attack. Today you were supposed to watch the upward gap in the opening, wait a bit, feel the bullish tendency of the market making sure that prices stay over the opening price and then go long. Your benchmark was the opening price of the upward gap.

If you bought, continue to hold this until the confirmation of the next SELL-IF signal. You are on relatively safe grounds as long as the future prices continue to trade above the benchmark price and if an emergency warning is not issued. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions and still profit in case of a sustained bullish move.

The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any. We erred significantly on the short side last time, but we are sure that you may easily cover your losses (if any) by basing your future trades on our signal system.

 
BUY
CONFIRMED
0.4350
+0.0550 +14.47%
Candlestick Analysis
Today’s Candlestick Patterns:
White Closing Marubozu
Candlestick Pattern

Today a White Closing Marubozu was formed. This shows that the day opened and then prices went lower slightly, however it was followed by a rally that drove the prices over the opening price and the rally continued all day ending with a closing price equal to the high of the day.
For more about this candlestick click here.


 
 
Stock Quote
Day's Close 0.4350
Previous Close 0.3800
Previous Open 0.3640
Change +0.0550
% Change +14.47%
Volume 31,811
 
Stock Activity
Day's Open 0.3900
Day's High 0.4350
Day's Low 0.3810
20-Day Close M.A. 0.3859
50-Day Close M.A. 0.3905
65-Day Volume M.A. 3,496
 

Two-Year Signal History
Date          Price   Signal 100
Became
03.09.10 0.3900    Buy   690
03.08.10 0.4030    Sell 690
29.07.10 0.3910    Buy 670
26.07.10 0.3950    Sell 670
21.05.10 0.4150    Buy 704
13.05.10 0.4800    Sell 704
10.05.10 0.4650    Buy 682
06.05.10 0.4360    Sell 682
03.05.10 0.4650    Buy 727
28.04.10 0.4800    Sell 727
09.04.10 0.4250    Buy 644
31.03.10 0.4230    Sell 644
05.03.10 0.2940    Buy 447
16.02.10 0.3050    Sell 447
29.01.10 0.3250    Buy 477
20.01.10 0.3500    Sell 477
11.01.10 0.3300    Buy 449
22.12.09 0.2910    Sell 449
15.12.09 0.2960    Buy 457
05.11.09 0.3600    Sell 457
03.11.09 0.3000    Buy 381
14.10.09 0.5340    Sell 381
09.10.09 0.5100    Buy 364
25.09.09 0.5370    Sell 364
11.09.09 0.5090    Buy 345
28.08.09 0.5340    Sell 345
19.08.09 0.4900    Buy 316
10.08.09 0.5020    Sell 316
14.07.09 0.4350    Buy 274
23.06.09 0.5150    Sell 274
19.06.09 0.4900    Buy 261
16.06.09 0.5300    Sell 261
02.06.09 0.3500    Buy 172
28.05.09 0.3590    Sell 172
07.05.09 0.2400    Buy 115
29.04.09 0.2400    Sell 115
03.04.09 0.2500    Buy 120
20.03.09 0.2650    Sell 120
13.03.09 0.2500    Buy 113
11.03.09 0.2500    Sell 113
06.03.09 0.2500    Buy 113
05.02.09 0.3190    Sell 113
03.02.09 0.2930    Buy 104
29.01.09 0.3000    Sell 104
23.01.09 0.3000    Buy 104
09.01.09 0.3340    Sell 104
02.01.09 0.2860    Buy 89
29.12.08 0.2900    Sell 89
16.12.08 0.2400    Buy 74
12.12.08 0.2300    Sell 74
28.11.08 0.2400    Buy 77
26.11.08 0.2380    Sell 77
17.10.08 0.2740    Buy 89
09.10.08 0.3030    Sell 89
19.09.08 0.3700    Buy 108
15.09.08 0.3800    Sell 108
08.09.08 0.4050    Buy 115
03.09.08 0.4550    Sell 115
22.08.08 0.3950    Buy 100
08.08.08 0.4120    Sell 100
 
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