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 1.68 . Since then BAKAB has fallen -0.60% .

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 (1.63) according to Rules of Confirmation.

The recent bullish formation leading to the BUY-IF signal is confirmed this week. The market is ready for a new bullish move. 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.

We hope that you acted quickly and already bought this stock. 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 stock 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.