For Steve, re: SVLT chart. It broke that support line Matt drew
in April, but from your comments you're still behind the
fundamental story. I don't see much in the way of a pattern,
perhaps a falling wedge. How does one get into a stock like this? I
suppose wait for a base to form?
Answer: I simply buy a few on dips with some of my trading
profits.
Posted by jbarberis on 7th of Jun 2016 at 05:52 pm
Exactly, wait for a more objective entry on the chart. Today was
ugly. I saw this coming, many investors lost there patients. Glad I
sold half my shares awhile ago. My guess is a bottom around 20
cents but that is just a guess.
Appreciate your affirmation of the wait and watch mode for SVLT.
Today was ugly, that's for sure.
Steve Reply: Your welcome, I started buying some shares
back today...soon Edison will acquire and many positive
developments in works. Much better company now than prior to the
first big move. Trade your plan.
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For Steve, re: SVLT chart.
SVLT chart
Posted by frtaylor on 7th of Jun 2016 at 12:23 pm
For Steve, re: SVLT chart. It broke that support line Matt drew in April, but from your comments you're still behind the fundamental story. I don't see much in the way of a pattern, perhaps a falling wedge. How does one get into a stock like this? I suppose wait for a base to form?
Answer: I simply buy a few on dips with some of my trading profits.
Exactly, wait for a more
Posted by jbarberis on 7th of Jun 2016 at 05:52 pm
Exactly, wait for a more objective entry on the chart. Today was ugly. I saw this coming, many investors lost there patients. Glad I sold half my shares awhile ago. My guess is a bottom around 20 cents but that is just a guess.
Appreciate your affirmation of the
Posted by frtaylor on 7th of Jun 2016 at 10:04 pm
Appreciate your affirmation of the wait and watch mode for SVLT. Today was ugly, that's for sure.
Steve Reply: Your welcome, I started buying some shares back today...soon Edison will acquire and many positive developments in works. Much better company now than prior to the first big move. Trade your plan.