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 21.1400, and our valid average buying price stands now at 21.3160. The previous SHORT recommendation was issued on 6/5/2013, 12 days ago, when the stock price was 21.5000. Since then HPP has fallen by -0.86%.
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.