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Not Updated since 3/9/2010 6/9/2010  
 
2491.TW
INFODISC TECH ORD (Taiwan)
Weekly Commentary

Our system posted WAIT . The previous SELL recommendation that was confirmed was made on 06.08.2010 (28) days ago, when the stock price was 3.0300 . Since then 2491.TW has fallen -1.32% .

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

It is now time to wait for the next signal. Meanwhile, either stay at cash or check the other stocks. Do not bother with further buying or short selling this as long as the WAIT tag stays.

 
WAIT
2.9900
-0.3100 -9.39%
Candlestick Analysis
This Week's Patterns: Black Opening Marubozu
Candlestick Pattern


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


 
 
Stock Quote
Week's Close 2.9900
Previous Weekly Close 3.3000
Previous Weekly Open 3.4900
Change -0.3100
% Change -9.39%
Volume 7
 
Stock Activity
Week's Open 3.5300
Week's High 3.5300
Week's Low 2.9500
20-Week Close M.A. 3.0865
50-Week Close M.A. 3.9490
20-Week Volume M.A. 15
 

Two-Year Signal History
Week of          Price   Signal TWD 100
Became
06.08.10 3.030    Sell 177
23.07.10 3.020    Buy 176
09.07.10 3.070    Sell 176
25.06.10 3.000    Buy 172
29.01.10 4.530    Sell 172
15.01.10 4.450    Buy 169
25.12.09 5.160    Sell 169
11.12.09 5.020    Buy 165
27.11.09 5.900    Sell 165
11.09.09 3.845    Buy 107
06.08.09 4.256    Sell 107
24.07.09 3.962    Buy 100
29.08.08 22.012    Sell 100
 
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