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MTU
MITSUBISHI UFJ FINANCIAL GROUP INC ADS
Daily Commentary

Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 08.11.2010 (21) days ago, when the stock price was 4.9200. Since then MTU has fallen -1.63% .

BUY-IF is confirmed by a white candlestick with a higher open. The buying price is today's open ( 4.8000 ) 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
4.8400
+0.0900 +1.89%
Candlestick Analysis
Today’s Candlestick Patterns:
White Candlestick
Candlestick Pattern

Today a White Candlestick was formed. This represents normal buying pressure.
For more about this candlestick click here.


 
 
Stock Quote
Day's Close 4.8400
Previous Close 4.7500
Previous Open 4.7500
Change +0.0900
% Change +1.89%
Volume 1,747,460
 
Stock Activity
Day's Open 4.8000
Day's High 4.8400
Day's Low 4.7700
20-Day Close M.A. 4.8825
50-Day Close M.A. 4.7980
65-Day Volume M.A. 2,043,532
 

Two-Year Signal History
Date          Price   Signal $100
Became
09.01.10 4.800    Buy   107
08.11.10 4.920    Sell 107
06.30.10 4.550    Buy 99
05.26.10 4.900    Sell 99
05.19.10 4.850    Buy 98
03.24.10 5.170    Sell 98
02.18.10 5.010    Buy 95
02.04.10 5.170    Sell 95
02.02.10 5.270    Buy 97
01.28.10 5.300    Sell 97
12.16.09 5.220    Buy 96
12.07.09 5.570    Sell 96
11.30.09 5.450    Buy 94
11.25.09 5.140    Sell 94
11.23.09 5.320    Buy 97
11.13.09 5.630    Sell 97
11.02.09 5.400    Buy 93
10.14.09 5.500    Sell 93
10.05.09 5.070    Buy 86
10.01.09 5.160    Sell 86
09.22.09 5.810    Buy 96
09.01.09 6.310    Sell 96
08.20.09 6.230    Buy 95
08.17.09 6.180    Sell 95
07.31.09 6.000    Buy 92
07.24.09 5.860    Sell 92
07.06.09 6.120    Buy 97
06.30.09 6.250    Sell 97
06.25.09 6.250    Buy 97
06.16.09 6.250    Sell 97
06.12.09 6.630    Buy 102
06.05.09 6.540    Sell 102
05.18.09 6.370    Buy 100
05.13.09 6.300    Sell 100
04.13.09 5.240    Buy 83
04.07.09 5.040    Sell 83
04.01.09 4.920    Buy 81
03.30.09 4.960    Sell 81
03.12.09 4.220    Buy 69
01.30.09 5.520    Sell 69
01.23.09 5.370    Buy 67
01.16.09 5.770    Sell 67
12.26.08 6.000    Buy 70
12.04.08 4.940    Sell 70
11.24.08 5.290    Buy 75
11.06.08 6.500    Sell 75
09.25.08 8.660    Buy 99
09.04.08 7.440    Sell 99
08.21.08 7.480    Buy 100
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