Search Last Update 26/4/2012 27/4/2012 FXR.AX FOX RESOURCES ORD...

Search Last Update 26/4/2012 27/4/2012


FXR.AX

FOX RESOURCES ORD
ASX
Daily Commentary


Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 04.03.2012 (23) days ago, when the price was 0.0820. Since then FXR.AX has fallen -4.88% .

BUY-IF is confirmed by a white candlestick with a higher open. The buying price is today's open ( 0.0750 ) according to the Rules of Confirmation.

Patience pays off. The market wavered a bit but finally confirmed the recent bullish formation. The dose of the previous day was not enough for a BUY-IF confirmation but today it is. The market opened with a gap up and the day’s activity resulted in a close higher than the open. This is a valid confirmation criterion. The market is now ready for a bullish move.

We hope that you bought this . You should watch the upward gap in the opening, wait a bit, feel the bullish tendency of the market making sure that prices stay over the opening price and then go long. Your benchmark was the opening price of the upward gap.

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 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 buying in the following sessions.

The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any.




BUY
CONFIRMED


0.0780
+0.0090 +13.04%

Candlestick Analysis
Today’s Candlestick Patterns:
White Marubozu




Today a White Marubozu was formed. This shows that the buyers controlled the price action from the first trade to the last trade.
For more about this candlestick click here.






Stock Quote
Day's Close 0.0780
Previous Close 0.0690
Previous Open 0.0690
Change +0.0090
% Change +13.04%
Volume 409,454
Stock Activity
Day's Open 0.0750
Day's High 0.0780
Day's Low 0.0750
20-Day Close M.A. 0.0775
50-Day Close M.A. 0.0745
65-Day Volume M.A. 182,736





Two-Year Signal History
Date Price Signal * AUD 100
Became
26.04.12 0.0750 Buy 244
03.04.12 0.0820 Sell 244
05.01.12 0.0740 Buy 221
27.10.11 0.0900 Sell 221
20.10.11 0.0870 Buy 214
21.09.11 0.0700 Sell 214
07.09.11 0.0570 Buy 174
19.08.11 0.0650 Sell 174
17.08.11 0.0650 Buy 175
03.08.11 0.0660 Sell 175
01.08.11 0.0680 Buy 180
29.06.11 0.0510 Sell 180
20.06.11 0.0580 Buy 206
14.06.11 0.0600 Sell 206
09.06.11 0.0600 Buy 206
27.05.11 0.0640 Sell 206
18.05.11 0.0680 Buy 219
12.05.11 0.0730 Sell 219
06.05.11 0.0720 Buy 217
29.04.11 0.0850 Sell 217
18.04.11 0.0860 Buy 220
23.03.11 0.1000 Sell 220
18.03.11 0.0960 Buy 211
01.03.11 0.1150 Sell 211
11.02.11 0.1050 Buy 193
08.02.11 0.1100 Sell 193
12.01.11 0.1150 Buy 203
20.12.10 0.1150 Sell 203
26.11.10 0.1150 Buy 203
18.11.10 0.1150 Sell 203
09.11.10 0.1150 Buy 203
27.10.10 0.1350 Sell 203
25.10.10 0.1300 Buy 196
18.10.10 0.1450 Sell 196
07.09.10 0.1200 Buy 163
31.08.10 0.1250 Sell 163
13.07.10 0.0950 Buy 124
08.07.10 0.0990 Sell 124
01.07.10 0.0830 Buy 104
26.05.10 0.1100 Sell 104
21.05.10 0.1050 Buy 100
29.04.10 0.1586 Sell 100
27.04.10 0.1586 Buy 100
16.04.10 0.1834 Sell 100
14.04.10 0.1834 Buy 100
09.04.10 0.1734 Sell 100
* The negative impact of trade commissions and missed benchmark prices is reflected as -0.2% per trade.


Rodb
Confirmation yesterday
26th