Organovo Holdings, Inc. (ONVO): UNFORTUNATELY NO... the ichimoku cloud c...

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grantg2

Re: Big_Money_Upward post# 6636

Thursday, 08/21/2014 3:06:16 PM

Thursday, August 21, 2014 3:06:16 PM

UNFORTUNATELY NO... the ichimoku cloud chart for ONVO shows that it could move either way ST out of a very thin cloud...

http://www.ichimokutrader.com/
(just enter the symbol & make sure exchange is correct)

ONVO is in indecisive territory & not a raging bullish chart...

and ONVO will need a GREAT PR out of the Annual Meeting to cause the rise you see in your chart IMO.

BTW... ichimoku is the ONLY TA charting method that has a "forward looking" aspect to it based on a mathematical algorithm that has been proven useful to traders over a long period of time.

"I call investing the greatest business in the world because you never have to swing... All day you wait for the pitch you like,... The problem when you're a money manager is that your fans keep yelling, 'Swing. you bum!'"
W. Buffett