Our system’s recommendation today is to BUY. The BULLISH ENGULFING pattern finally received a confirmation because the prices crossed above the confirmation level which was at 9.8750, and our valid average buying price stands now at 9.9000. The previous SELL signal was issued on 9/22/2014, 30 days ago, when the stock price was 12.5465. Since then SOU.L has fallen by -21.09%.
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.