Free
Message: Nothing like painting the tape by the MMs...

Nothing like painting the tape by the MMs...

posted on Mar 17, 2009 05:50PM

E DIGITAL CORP

Daily Commentary

Our system posted a WAIT today. The previous SELL recommendation was issued on 02.12.2009 (33) days ago, when the stock price was 0.1700. Since then EDIG has gained 2.94% .

The previous BUY-IF signal is null and void. We allowed two days for the confirmation of the bullish pattern and the market denied confirmation. None of the three bullish conditions were realized.

Today a Umbrella was formed. The long lower shadow shows the evidence for buying pressure, but the position of low price indicates that plenty of sellers still are around. (That is if 'plenty of sellers' means 1 'trade' of 1,000 shares at the day's low.)

A real co-inkydink EDIG opened at it's closing price, I'm sure.



(Note too, that once again last BID was higher than previous, last price was higher, last ask was higher, yet the 'tick' was "down" again, I'm sure NITE is working hard to either cover and / or accumulate...)

A:

0.175 NITE 5000 15:56

B:

15:56 NITE 5000 0.165


Last Price
0.175
Change $
0.012
Change %
7.36%
Tick
Bid
0.165
Bid Size
5000
Ask
0.175
Ask Size
5000
Open
0.175
High
0.175
Low
0.155
Prev Close
0.163


A0.175

1000 OBB 15:59:48
A0.17 5000 OBB 15:51:20
A0.17 35200 OBB 15:25:41
A0.17 7050 OBB 15:24:19

A0.17

1000 OBB 15:22:52
A0.16 750 OBB 15:04:13
B0.155 1000 OBB 14:53:13
B0.16 25000 OBB 14:33:15
A0.165 10000 OBB 14:33:10
B0.16 3500 OBB 14:31:21
B0.16 3500 OBB 14:31:15
B0.16 5000 OBB 14:31:07
B0.16 5000 OBB 14:31:00
B0.16 5000 OBB 14:29:08
B0.16 5000 OBB 14:29:08
B0.16 260 OBB 13:13:36
A0.17 11040 OBB 12:20:05
Share
New Message
Please login to post a reply