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Re: Snowy_Owl post# 111928

Wednesday, 05/27/2015 6:35:25 PM

Wednesday, May 27, 2015 6:35:25 PM

Post# of 146196
Detonate, just wanted to alert anyone paying attention to a possible new entry.

No particular trade stands out, volume not impressive, and technically looks pretty bad. But, I look for changes in trend, unusual trading, etc. Not necessarily to buy; but, just to prepare to buy. Today, just a better all around trade environment for longs. Might have something to do with tomorrow's presentation.

I have made numerous profitable trades in NNVC over the years. Even had a very profitable, long hold position a few years back, when NNVC was making highs. When NNVC got hit with lots of scary press and a Bear attack, I traded the volatility. With NNVC in a prolonged downtrend, I have traded dead cat bounces. Seems that even dead cat bounces are rare now. All this plays into a scenario of increasing negative sentiment and a declining share price.

I keep NNVC on my watch list because it still has the possibility to make superior gains. Who knows, if NNVC can ever prove its technology; PPS could explode. This doubt keeps things volatile at times.

Although NNVC has been on a persistent decline for almost a year, this does not mean things can't reverse. Also, the bigger the decline the more profitable the snap back, if fundamentals dramatically improve. I don't want to miss this, if it happens.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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