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PSX
PROSPEX RESOURCES LTD CO
Daily Commentary

Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 08.30.2010 (2) days ago, when the stock price was 1.3900. Since then PSX has gained 0.00% .

BUY-IF is confirmed by a white candlestick with a higher open. The buying price is today's open ( 1.3800 ) 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
1.3900
+0.0200 +1.46%
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 1.3900
Previous Close 1.3700
Previous Open 1.3700
Change +0.0200
% Change +1.46%
Volume 957,392
 
Stock Activity
Day's Open 1.3800
Day's High 1.4100
Day's Low 1.3600
20-Day Close M.A. 1.3800
50-Day Close M.A. 1.4660
65-Day Volume M.A. 128,418
 

Two-Year Signal History
Date          Price   Signal $100
Became
09.01.10 1.380    Buy   850
08.30.10 1.390    Sell 850
08.13.10 1.360    Buy 831
08.10.10 1.400    Sell 831
08.05.10 1.370    Buy 813
08.03.10 1.390    Sell 813
07.19.10 1.540    Buy 901
07.15.10 1.550    Sell 901
07.09.10 1.530    Buy 890
06.25.10 1.620    Sell 890
06.23.10 1.620    Buy 890
06.08.10 1.470    Sell 890
05.28.10 1.360    Buy 823
04.30.10 1.380    Sell 823
04.26.10 1.430    Buy 853
04.12.10 1.660    Sell 853
04.07.10 1.470    Buy 755
03.25.10 1.560    Sell 755
03.23.10 1.550    Buy 750
03.15.10 1.680    Sell 750
03.11.10 1.710    Buy 764
03.09.10 1.680    Sell 764
03.02.10 1.690    Buy 768
02.17.10 2.000    Sell 768
02.01.10 1.700    Buy 653
01.11.10 1.830    Sell 653
12.24.09 1.200    Buy 428
12.21.09 1.250    Sell 428
12.16.09 1.120    Buy 384
12.09.09 1.040    Sell 384
12.01.09 0.9700    Buy 358
11.03.09 0.9200    Sell 358
10.29.09 0.9300    Buy 362
10.01.09 1.150    Sell 362
09.28.09 0.8500    Buy 267
09.21.09 0.7600    Sell 267
09.16.09 0.7400    Buy 260
08.13.09 0.6800    Sell 260
07.23.09 0.5300    Buy 203
07.15.09 0.5300    Sell 203
07.10.09 0.4800    Buy 184
06.26.09 0.6000    Sell 184
06.24.09 0.6000    Buy 184
06.22.09 0.6400    Sell 184
06.18.09 0.6400    Buy 184
06.08.09 0.7500    Sell 184
05.26.09 0.5900    Buy 145
05.21.09 0.6000    Sell 145
05.15.09 0.5800    Buy 140
05.11.09 0.6600    Sell 140
04.02.09 0.4400    Buy 93
03.30.09 0.3900    Sell 93
03.19.09 0.4000    Buy 96
02.17.09 0.4800    Sell 96
01.19.09 0.5400    Buy 108
12.02.08 0.8600    Sell 108
11.25.08 0.8500    Buy 106
11.06.08 1.500    Sell 106
10.20.08 1.360    Buy 96
10.16.08 1.380    Sell 96
10.09.08 1.350    Buy 94
10.06.08 1.850    Sell 94
09.17.08 2.250    Buy 115
09.03.08 2.900    Sell 115
08.21.08 2.740    Buy 108
08.18.08 3.000    Sell 108
08.14.08 2.770    Buy 100
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