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Not Updated since 3/9/2010 5/9/2010  
 
AUSS.OL
AUSTEVOLL SEAFOOD ORD (Oslo)
Weekly Commentary

Our system posted BUY CONFIRMED . The previous SELL recommendation that was confirmed was made on 13.08.2010 (21) days ago, when the stock price was 36.7000 . Since then AUSS.OL has fallen -2.72% .

BUY-IF is confirmed by a white candlestick with a lower open and a higher close. The confirmation price is taken as the previous close (34.800) according to Rules of Confirmation.

Patience pays off. The market wavered a week but finally confirmed the recent bullish formation. The dose of the previous week was not enough for a BUY-IF confirmation but this week it is. Though the market opened lower this week, the price activity created a white candlestick that closed above the previous week's close. This is a valid confirmation criterion. The market is now ready for a bullish move.

We hope that you acted quickly and already bought this . Your important benchmark was the previous week's close. You were supposed to watch the sessions during the week carefully, closely monitor the current confirmation status posted daily, feel the bullish tendency of the market despite the lower opening, and go long after making sure that the prices stay over the previous week's close.

If you bought, continue to hold this 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 sessions during the week 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 if there are any.

 
BUY
CONFIRMED
35.700
+0.9000 +2.59%
Candlestick Analysis
This Week's Patterns: White Candlestick
Candlestick Pattern


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


 
 
Stock Quote
Week's Close 35.700
Previous Weekly Close 34.800
Previous Weekly Open 36.200
Change +0.9000
% Change +2.59%
Volume 5,272
 
Stock Activity
Week's Open 34.600
Week's High 36.500
Week's Low 33.600
20-Week Close M.A. 38.450
50-Week Close M.A. 38.786
20-Week Volume M.A. 8,312
 

Two-Year Signal History
Week of          Price   Signal IDR 100
Became
03.09.10 34.800    Buy   273
13.08.10 36.700    Sell 273
23.07.10 34.300    Buy 256
21.05.10 44.200    Sell 256
31.03.10 44.400    Buy 257
12.02.10 44.200    Sell 257
29.01.10 40.300    Buy 234
30.12.09 36.200    Sell 234
11.12.09 33.700    Buy 218
25.09.09 34.500    Sell 218
14.08.09 28.500    Buy 180
24.07.09 28.900    Sell 180
12.06.09 24.400    Buy 152
29.05.09 24.700    Sell 152
20.03.09 10.900    Buy 67
05.12.08 10.600    Sell 67
07.11.08 13.000    Buy 82
10.10.08 19.000    Sell 82
19.09.08 23.100    Buy 100
20.06.08 36.000    Sell 100
 
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