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Not Updated since 3/9/2010 5/9/2010  
 
600728.SS
S SUNTEK TECH ORD A (Shanghai)
Daily Commentary

Our system posted a SELL CONFIRMED today. The previous BUY recommendation was issued on 08.16.2010 (18) days ago, when the price was 8.5100. Since then 600728.SS has gained 25.73% .

SELL-IF is confirmed by a black candlestick which has an open equal to the previous close but closing lower. The selling price is the previous close (11.050) according to the Rules of Confirmation.

The recent bearish pattern leading to the SELL-IF signal is confirmed today. The market is poised for a bearish move. Though the market opened higher today, the day’s activity created a black candlestick that closed below the previous close. This is one of our valid bearish confirmation criteria.

We hope that you sold this . Your important benchmark was the previous close. You were supposed to watch the session carefully, feel its bearish tendency despite the higher opening and sell your shares after making sure that the prices stay below the previous close.

If you sold, keep away from this until the confirmation of a new BUY-IF signal. What to do if you did not already sell? 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 selling your shares in the following sessions.

The market is an inviting one for short-sellers. Risk lovers may now go for short sale.

 
SELL
 CONFIRMED
10.700
-0.3500 -3.17%
Candlestick Analysis
Today’s Candlestick Patterns:
Black Opening Marubozu
Candlestick Pattern

Today a Black Opening Marubozu was formed. This shows that the day opened and prices continuously went down but they did not close at the low of the day and thus they created a lower shadow.
For more about this candlestick click here.


 
 
Stock Quote
Day's Close 10.700
Previous Close 11.050
Previous Open 11.160
Change -0.3500
% Change -3.17%
Volume 59,089
 
Stock Activity
Day's Open 11.050
Day's High 11.050
Day's Low 10.580
20-Day Close M.A. 9.6570
50-Day Close M.A. 8.6522
65-Day Volume M.A. 79,321
 

Two-Year Signal History
Date          Price   Signal CNY 100
Became
03.09.10 11.050    Sell   584
16.08.10 8.510    Buy 450
12.08.10 8.460    Sell 450
09.08.10 8.570    Buy 456
03.08.10 8.640    Sell 456
19.07.10 8.050    Buy 424
15.07.10 8.030    Sell 424
06.07.10 6.850    Buy 362
21.01.10 19.160    Sell 362
08.01.10 17.760    Buy 336
05.01.10 18.600    Sell 336
22.12.09 14.800    Buy 267
14.04.09 9.480    Sell 267
09.04.09 8.190    Buy 231
07.04.09 8.250    Sell 231
26.03.09 7.030    Buy 197
24.03.09 6.650    Sell 197
04.03.09 6.150    Buy 182
27.02.09 6.810    Sell 182
12.02.09 5.880    Buy 157
10.02.09 5.590    Sell 157
22.01.09 4.560    Buy 128
19.01.09 4.550    Sell 128
15.01.09 4.550    Buy 128
13.01.09 4.710    Sell 128
07.01.09 4.560    Buy 124
31.12.08 4.700    Sell 124
22.12.08 4.460    Buy 118
15.12.08 4.270    Sell 118
26.11.08 3.390    Buy 93
24.11.08 3.410    Sell 93
04.11.08 2.630    Buy 72
31.10.08 2.690    Sell 72
19.09.08 3.610    Buy 97
19.08.08 5.250    Sell 97
15.08.08 5.430    Buy 100
 
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