Signal Update
Our system’s recommendation today is to BUY. The BULLISH HARAMI pattern finally received a confirmation because the prices crossed the confirmation level which was at 43.3400, and our valid average buying price stands now at 43.4700. The previous SELL recommendation was issued on 6/12/2013, 6 days ago, when the stock price was 44.1500. Since then CBSH has fallen by -1.54%.
Market Outlook
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.