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ABIO
ARCA BOIPHARMA INC
Daily Commentary

Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 08.20.2010 (12) days ago, when the stock price was 3.5101. Since then ABIO has fallen -1.43% .

BUY-IF is confirmed by a white candlestick with a higher open. The buying price is today's open ( 3.4500 ) according to the Rules of Confirmation.

The recent bullish formation leading to the BUY-IF signal is confirmed today. The market is 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.

We hope that you bought this stock. You should 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 stock until the confirmation of the next SELL-IF signal. You are on safe grounds as long as the future prices continue to trade above the benchmark price. 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.

The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any.

Data provided by:  End of Day Data

 
BUY
CONFIRMED
3.4600
+0.0800 +2.37%
Candlestick Analysis
Today’s Candlestick Patterns:
White Spinning Top
Candlestick Pattern

Today a White Spinning Top was formed. This represents complete indecision between the bulls and the bears.
For more about this candlestick click here.


 
 
Stock Quote
Day's Close 3.4600
Previous Close 3.3800
Previous Open 3.3600
Change +0.0800
% Change +2.37%
Volume 36,902
 
Stock Activity
Day's Open 3.4500
Day's High 3.5200
Day's Low 3.3800
20-Day Close M.A. 3.5188
50-Day Close M.A. 3.5376
65-Day Volume M.A. 95,938
 

16-Month Signal History
Date          Price   Signal $100
Became
09.01.10 3.450    Buy   364
08.20.10 3.510    Sell 364
08.16.10 3.500    Buy 363
08.06.10 3.760    Sell 363
07.27.10 3.660    Buy 353
07.23.10 3.375    Sell 353
07.20.10 3.370    Buy 353
07.15.10 3.650    Sell 353
07.08.10 3.220    Buy 311
06.17.10 4.030    Sell 311
06.10.10 3.790    Buy 293
06.03.10 4.080    Sell 293
05.21.10 4.330    Buy 310
05.14.10 4.430    Sell 310
05.10.10 4.670    Buy 327
04.15.10 4.990    Sell 327
04.08.10 5.140    Buy 337
03.30.10 5.600    Sell 337
03.26.10 3.320    Buy 200
03.18.10 2.790    Sell 200
03.12.10 2.840    Buy 203
03.08.10 3.000    Sell 203
02.18.10 2.950    Buy 200
01.28.10 2.830    Sell 200
01.26.10 2.880    Buy 204
01.12.10 3.400    Sell 204
12.29.09 3.150    Buy 189
12.21.09 3.180    Sell 189
12.11.09 2.890    Buy 171
09.22.09 3.810    Sell 171
09.04.09 3.370    Buy 152
08.12.09 3.750    Sell 152
08.10.09 3.820    Buy 154
07.30.09 3.980    Sell 154
07.15.09 2.390    Buy 93
06.09.09 4.070    Sell 93
06.05.09 4.480    Buy 102
05.19.09 12.730    Sell 102
05.13.09 12.470    Buy 100
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