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MGH
MINCO GOLD CP
Weekly Commentary

Our system posted HOLD . The previous BUY recommendation that was confirmed was made on 07.30.2010 (33) days ago, when the stock price was 0.8300 . Since then MGH has gained 30.12% .

The previous SELL-IF signal is now null and void. We allowed two weeks for the confirmation of the bearish pattern and the market denied confirmation. None of the three bearish confirmation conditions were realized.

Continue to hold the stock and wait for a new signal.

Do not bother yourself with further buying or selling as long as the HOLD tag stays. Keep away from short selling as well.

Data provided by:  End of Day Data

 
HOLD
1.0800
+0.0300 +2.86%
Candlestick Analysis
Intraweek Candlestick:
Long Legged Doji

Candlestick Pattern


An intraweek Long Legged Doji was formed. This implies a loss of sense of direction and that there is a great amount of indecision in the market.
For more about this candlestick click here.


 
 
Stock Quote
Intraweek Close 1.0800
Previous Weekly Close 1.0500
Previous Weekly Open 1.0200
Change +0.0300
% Change +2.86%
Volume 437,738
 
Stock Activity
Week's Open 1.0800
Intraweek High 1.1200
Intraweek Low 0.9762
20-Week Close M.A. 0.9857
50-Week Close M.A. 0.9796
20-Week Volume M.A. 453,873
 

Two-Year Signal History
Week of          Price   Signal $100
Became
07.30.10 0.8300    Buy 698
05.21.10 1.140    Sell 698
02.19.10 0.7899    Buy 484
01.15.10 1.020    Sell 484
12.24.09 0.8700    Buy 413
10.30.09 1.020    Sell 413
08.14.09 0.6100    Buy 247
06.05.09 0.7500    Sell 247
04.24.09 0.4900    Buy 161
04.09.09 0.5100    Sell 161
03.27.09 0.5000    Buy 158
03.06.09 0.5001    Sell 158
02.13.09 0.4700    Buy 149
01.09.09 0.5100    Sell 149
12.12.08 0.2500    Buy 73
11.21.08 0.3000    Sell 73
11.07.08 0.3250    Buy 79
10.10.08 0.5300    Sell 79
09.26.08 0.6000    Buy 89
09.12.08 0.6700    Sell 89
08.29.08 0.8000    Buy 107
06.06.08 1.280    Sell 107
05.23.08 1.200    Buy 100



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