To the daily page
Home Subscribe Login Support Privacy Search Stock  
Not Updated since 8/9/2010 9/9/2010  
 
0735.HK
C P NEW ENERGY ORD (Hong Kong)
Weekly Commentary

Our system posted SELL-IF . The previous BUY recommendation that was confirmed was made on 13.08.2010 (26) days ago, when the stock price was 0.8300 . Since then 0735.HK has gained 0.00% .

The SELL-IF alert is still valid. A bearish confirmation however is denied. The pattern is not yet rejected since the past week was not a long white candlestick week. The market is indecisive, so keep up the good work and continue to do your homework digesting all available information around.

The final judgment about the evolving pattern waits for the second week of confirmation. This time, either the bearish alert will be confirmed by one of the valid confirmation criteria or it will be void and invalid.

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

The bearish alert is still valid so existing short positions should be carried. New short positions may be considered only in case of valid bearish confirmation.

 
SELL-IF
0.8300
+0.0300 +3.75%
Candlestick Analysis
Intraweek Candlestick:
White Spinning Top

Candlestick Pattern


Intraweek Confirmation Status : Currently rejected.

An intraweek White 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 0.8300
Previous Weekly Close 0.8000
Previous Weekly Open 0.8100
Change +0.0300
% Change +3.75%
Volume 1,552,110
 
Stock Activity
Week's Open 0.8100
Intraweek High 0.8500
Intraweek Low 0.8000
20-Week Close M.A. 0.7975
50-Week Close M.A. 0.6818
20-Week Volume M.A. 1,666,193
 

Two-Year Signal History
Week of          Price   Signal HKD 100
Became
13.08.10 0.8300    Buy 943
30.04.10 0.9200    Sell 943
12.02.10 0.5300    Buy 543
22.01.10 0.5600    Sell 543
08.01.10 0.5600    Buy 543
30.10.09 0.5300    Sell 543
16.10.09 0.4350    Buy 446
31.07.09 0.6400    Sell 446
10.07.09 0.5500    Buy 383
18.06.09 0.6700    Sell 383
15.05.09 0.4350    Buy 249
24.04.09 0.3450    Sell 249
27.03.09 0.3000    Buy 216
06.03.09 0.3150    Sell 216
06.02.09 0.2220    Buy 152
24.12.08 0.2430    Sell 152
05.12.08 0.1860    Buy 117
04.07.08 0.9800    Sell 117
20.06.08 0.8400    Buy 100
30.05.08 0.8900    Sell 100
 
  Disclaimer  
 

The opinions provided herein are intended to inform. They come with no warranty of any kind. If you should choose to interpret Hongkongbulls.com information as investment advice, you do so at your own risk. Investing can be a very dangerous venture and it is you who must assume the entire cost and risk involved in all of your investment decisions, should you choose to follow this advice or use this information. Hongkongbulls.com staff, members of the staff's families, and/or entities with which they are affiliated, may from time to time, buy, sell or hold stock in and have other financial dealings with the companies that appear on the Hongkongbulls.com web site, mailings, or publications. The information contained on the Hongkongbulls.com web site, mailings, and publications is drawn from sources believed to be factual and reliable, but in no way does Hongkongbulls.com represent or guarantee the accuracy or completeness thereof, nor in providing it, does Hongkongbulls.com assume any liability. This information is given as of the date appearing on the Hongkongbulls.com web site report or mailing, and Hongkongbulls.com assumes no obligation to update the information or advice on further developments relating to any named securities. The information found on the Hongkongbulls.com website, mailings, or publications is protected by the copyright laws of the United States and may not be copied, or reproduced in any way without the expressed, written consent of the editors.