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Re: PARker1703 post# 15724

Tuesday, 08/14/2018 10:56:27 AM

Tuesday, August 14, 2018 10:56:27 AM

Post# of 43787
Using the five day chart and tracking the 50-day exponential average, as long as the price stays above $0.90 TODAY, then the action is still bullish. By the end of today, the 50-day support average on the 5-day chart will be around $0.93. So watch that. If tomorrow the stock stays at 0.93-0.94 then it will have breached support and the price will begin declining. I don't know if anyone if really focused on this stock as a long-term short (the risk of shorting a stock at $1.00 that has an all time low of $0.81 is huge given that this stock could easily rise by a dollar or more given they are in stage three with Multikine and the drug seems to work because enough people have not died over the last three years). However, when any stock rises by over one third in one day, day traders jump in and start trading the stock (they buy and sell large amounts of stock just to make a penny or two). So watch the stock.

Disclosure: I sold half my position today at $1.03 and am still long 9,000 shares of CVM
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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