Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 5/17/2013, 6 days ago, when the stock price was 7.2748. Since then MFRI has risen by +0.21%.
Market Outlook
The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert.