LOK looksmart limited

looksmart to rally!!!!!!!!

  1. MJR
    1,085 Posts.
    LOOK 16 March 2003
    LOOKSMART LTD
    US CLOSE $2.15

    Daily Commentary
    BUY

    Our system recommends BUY as of today. Previous SELL recommendation was made on 2/20/2003 (22) days ago, when the stock price was 2.550. Since then the stock fell -15.69% .

    Today the stock closed lower with a higher high and a higher low. The volume is normal. The security price is trending down.


    Long-term trend is bearish and it is strong. A reaction occurred because the stock is oversold, and a countertrend rally has started. This point may be interesting for investors who like bottom fishing. Cautious investors may wait for better times.

    Click here to get a full trend analysis of this stock Candlestick Analysis


    Today’s Candlestick Patterns:
    Spinning Top


    Today a Spinning Top formed. Both the bulls and the bears were active during the session. Even though the session opened and closed with little change, prices moved significantly higher and lower in the mean time. Be careful, this indicates weakness among the bears and a potential change or interruption in the current trend!

    Info above from...
    http://www.americanbulls.com/StockPage.asp?CompanyTicker=LOOK%20%20%20%20%20%20%20&MarketTicker=NASD%20%20%20%20%20%20&TYP=S



 
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