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NTN
NTN COMMUNICATIONS INC C
Weekly Commentary

Our system posted BUY-IF . The previous SELL recommendation that was confirmed was made on 07.23.2010 (40) days ago, when the stock price was 0.4836 . Since then NTN has fallen -15.22% .

The BUY-IF alert is still valid. A confirmation was denied, but the pattern is not rejected yet since the past week was not a long black candlestick one. The market is currently testing your patience. Continue to do your homework by digesting all available information around.

The final judgment about the evolving pattern waits for the second week. Either the alert will be confirmed by one of the valid confirmation criteria or the bullish alert will be void and null.

We are posting daily the current confirmation status, but It is still your duty to check the confirmation criteria. Reminding briefly; a white candlestick with an upward gap, a white candlestick closing above previous week's close or a long white candlestick with a big downward gap is sufficient to confirm the BUY-IF alert though with a one week delay. Go long in any of these cases by respecting the benchmarks. In any other case, simply ignore the BUY-IF alert. This second week is the last chance we allow for confirmation. A confirmation failure renders the assumed bullish pattern totally invalid and starts the process of searching for a new pattern.

We do not yet suggest any new short positions given the bullish alert. The short sellers should consider covering their positions if the market confirms the BUY-IF signal. Otherwise, existing short positions should be carried.

Data provided by:  End of Day Data

 
BUY-IF
0.4100
-0.0175 -4.09%
Candlestick Analysis
Intraweek Candlestick:
Black Spinning Top

Candlestick Pattern


Intraweek Confirmation Status : Currently rejected.

An intraweek Black Spinning Top was formed. This represents complete indecision between the bulls and the bears.
For more about this candlestick click here.


 
 
Stock Quote
Intraweek Close 0.4100
Previous Weekly Close 0.4275
Previous Weekly Open 0.4300
Change -0.0175
% Change -4.09%
Volume 26,575
 
Stock Activity
Week's Open 0.4299
Intraweek High 0.4300
Intraweek Low 0.4000
20-Week Close M.A. 0.5287
50-Week Close M.A. 0.5022
20-Week Volume M.A. 221,460
 

Two-Year Signal History
Week of          Price   Signal $100
Became
07.23.10 0.4836    Sell 787
06.11.10 0.5200    Buy 847
05.21.10 0.6200    Sell 847
02.19.10 0.4200    Buy 573
10.30.09 0.5500    Sell 573
09.25.09 0.5000    Buy 521
09.11.09 0.4900    Sell 521
08.21.09 0.3300    Buy 351
07.02.09 0.4700    Sell 351
03.13.09 0.1500    Buy 112
01.30.09 0.2100    Sell 112
01.02.09 0.1199    Buy 64
12.12.08 0.1200    Sell 64
11.28.08 0.1600    Buy 85
10.03.08 0.2200    Sell 85
09.19.08 0.2110    Buy 82
09.05.08 0.2700    Sell 82
06.27.08 0.3300    Buy 100



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