Our system’s recommendation today is to BUY. The BULLISH ENGULFING pattern finally received a confirmation because the prices crossed the confirmation level which was at 6.7600, and our valid average buying price stands now at 6.7950. The previous SELL recommendation was issued on 5/2/2013, 19 days ago, when the stock price was 7.7200. Since then GGB has fallen by -11.98%.
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.