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 73.0601, and our valid average buying price stands now at 73.7000. The previous SELL recommendation was issued on 6/4/2013, 13 days ago, when the stock price was 74.2000. Since then RYE has fallen by -0.67%.
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.