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BFREN
Bosch Fren Sist.
Weekly Commentary

Our system posted BUY CONFIRMED . The previous SELL recommendation that was confirmed was made on 30.07.2010 (35) days ago, when the stock price was 165.00 . Since then BFREN has fallen -4.85% .

BUY-IF is confirmed by a white candlestick with an equal open and a higher close. The confirmation price is taken as the previous close (153.00) 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.

 
BUY
CONFIRMED
Conformance Rating
157.00
+4.00 +2.61%
Candlestick Analysis
This Week's Patterns: White Spinning Top
Candlestick Pattern


This week a White Spinning Top was formed. This represents complete indecision between the bulls and the bears.
For more about this candlestick click here.


Technical Data
Week's Close 157.00
Week's Open 153.00
Previous Weekly Close 153.00
Previous Weekly Open 154.00
Change +4.00
% Change +2.61%
Volume 108,464
Week's High 160.00
Week's Low 152.00
20-Week Close M.A. 150.95
50-Week Close M.A. 122.61
20-Week Volume M.A. 303,892
 
Two-Year Signal History
Date          Price   Signal 100 YTL
Became
03.09.10 153.00    Buy   681
30.07.10 165.00    Sell 681
28.05.10 133.00    Buy 549
07.05.10 158.00    Sell 549
02.04.10 145.00    Buy 504
26.02.10 153.00    Sell 504
26.11.09 68.50    Buy 226
06.11.09 77.50    Sell 226
23.10.09 80.50    Buy 234
18.09.09 78.50    Sell 234
21.08.09 76.50    Buy 228
07.08.09 76.00    Sell 228
24.07.09 73.50    Buy 221
03.07.09 75.00    Sell 221
22.05.09 54.50    Buy 161
30.04.09 55.00    Sell 161
20.03.09 36.00    Buy 105
20.02.09 37.50    Sell 105
06.02.09 37.50    Buy 105
16.01.09 38.25    Sell 105
26.12.08 37.25    Buy 102
12.12.08 36.75    Sell 102
31.10.08 37.75    Buy 105
29.08.08 71.50    Sell 105
01.08.08 69.00    Buy 101
11.07.08 71.00    Sell 101
27.06.08 70.00    Buy 100
 
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