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Re: EZ2 post# 594744

Thursday, 04/19/2018 1:19:26 PM

Thursday, April 19, 2018 1:19:26 PM

Post# of 648882
SVA daily chart

The only two thoughts I have are....

(1.) don't put any more into it than you can afford to lose.

(2.) anything is possible, a chart follows instead of leads. In many similar looking scenarios, the price will be more volatile in the beginning stages of the consolidation period after a big move like that.

The initial reaction is usually strong, like today. Then things settle down while the dust settles and the next direction is decided.

IOW - it could be good for a quick momo trade? If I was thinking of going long term, I'd let it settle down for a while, instead of tying up my money while it consolidates.


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