BMA BANCO MACRO ADR REP TEN CL B
Last Pattern:BULLISH ENGULFING
Last Close:35.2100 Change:+0.4300 Percent change+1.24% Signal Update Our system’s recommendation today is to BUY. The BULLISH ENGULFING pattern finally received a confirmation because the prices crossed above the confirmation level which was at 34.7800, and our valid average buying price stands now at 34.9000. The previous SHORT recommendation was issued on 8/20/2014, 5 days ago, when the stock price was 35.3600. Since then BMA has fallen by -1.30%.Market Outlook The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance.
Too risk to short YHOO after BABA's IPO because either SFTBY or BABA will take over and pay great deal for YHOO.
After 12 months, this stock could be more than $50/share because of large potential earnings due to less than 22 millions outstanding shares.
I bought YHOO and keep my eyes on SFTBY.
In the long run, SFTBY would be better than YHOO because of Son's better leadership.
Sterne Agee Reiterates Buy Rating for Melco Crown Entertainment Ltd (MPEL)
August 17th, 2014 - 0 comments - Filed Under - by Lindsey Winhoffer
Melco Crown Entertainment Ltd (NASDAQ:MPEL)‘s stock had its “buy” rating reiterated by investment analysts at Sterne Agee in a note issued to investorson Friday. They currently have a $54.00 target price on the stock, down from their previous target price of $57.00. Sterne Agee’s price target indicates a potential upside of 85.12% from the company’s current price.
A number of other analysts have also recently weighed in on MPEL. Analysts at Zacks downgraded shares of Melco Crown Entertainment Ltd from a “neutral” rating to an “underperform” rating in a research note on Tuesday, August 12th. They now have a $27.60 price target on the stock. Separately, analysts at JPMorgan Chase & Co. cut their price target on shares of Melco Crown Entertainment Ltd from $47.00 to $46.00 in a research note on Wednesday, July 9th. Finally, analysts at Credit Suisse initiated coverage on shares of Melco Crown Entertainment Ltd in a research note on Tuesday, July 1st. They set an “outperform” rating and a $44.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $42.73.
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to Signal List
Last Signal:STAY LONG
Last Pattern:BEARISH DOJI STAR
Last Close:36.3600 Change:+0.1700 Percent change+0.47% Signal Update Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 8/13/2014, 1 day ago, when the stock price was 36.0000. Since then YHOO has risen by +1.00%.Market Outlook Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside.
Candlestick Pattern Chart
Pattern Description This pattern appears in an uptrend and warns that the trend will change. It consists of a white candlestick and a Doji with a gap up at the opening. If the Doji is in the form of an Umbrella the pattern is called “Bearish Dragonfly Doji”. In case of an Inverted Umbrella it is called “Bearish Gravestone Doji”. Here, all these patterns are subsumed under the name: “Bearish Doji Star”, regardless of the shape of the Doji. more...
Viking Global, a long/short equity fund run by Andreas Halvorsen, has bought 7.7 million shares in Newfield Exploration Co. (NYSE:NFX), a Houston-based energy company. With a stake of 5.7%, worth around $315 million at today’s market price, Viking Global becomes one of the largest shareholders of the company. The bet is probably an attempt to cash in big on the shale gas revolution, which is set to make the United States energy independent.
After Hours Time (ET) After Hours Price After Hours Share Volume
17:47 $ 5.4507 High 6,829
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17:47 $ 5.4507 High 47,611
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17:47 $ 5.4507 High 1,487
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