AMERICAN BULLS:STAY LONG, LAST PATTERN,BEARISH HARAMI
Signal Update 8/18/2014
Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 06/08/2014, 9 days ago, when the stock price was 10,6899. Since then UNTD has risen by +18,90%.
The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert. The share price is still not below the confirmation level and the signal is suggesting to STAY LONG, but the chance of a bearish confirmation that will change the signal to SELL is quite high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis, given the downside risks involved