Signal Update
Our system’s recommendation today is to BUY. The BULLISH STOP LOSS pattern finally received a confirmation because the prices crossed the Stop Loss level which was at 56.7500, and our valid average buying price stands now at 59.1800. The previous SHORT recommendation was issued on 6/11/2013, 7 days ago, when the stock price was 55.4700. Since then MKTAY has risen by +6.69%.
Market Outlook
We cannot deny bullish sentiment in the market anymore. It is wiser to hear the call of the market and change positions accordingly. The bullish stop loss is finally confirmed and a BUY signal is generated. It may be now the right time to be part of this boost and bullish market sentiment by joining the growing bullish crowd.