Followers | 49 |
Posts | 2419 |
Boards Moderated | 0 |
Alias Born | 12/31/2014 |
![](https://investorshub.advfn.com/uicon/511471.png?cb=1487943289)
Wednesday, May 01, 2019 8:40:40 AM
We had a pretty rough day yesterday and I am sure that a lot of people find it disheartening. I say this was normal and bound to happen. The same pattern that has been playing out has been happening for months now and yesterdays action was no different. Worry not, because as it continues to play out the price will rise again.
Here is why I say this. The chart below is the current 6 month (180 day) chart for CVSI. The part in particular I would like to bring to you attention is the golden colored dotted line along the bottom part of the chart.. this is the trend of the lows. As you can see as time goes by, the line is rising. This means the current low levels of the stock as still higher than the ones before it. Higher lows. The price of the stock might be tripping over itself once in a while but each time it gets back up it goes higher than before.
Dont get caught up in the microscopic details like some here would like to point out such as the stock is down 10% (or whatever the number is) this past week, its a classic forest for the trees scenario. As an investor and not a trader I prefer to step back and look at the big picture, like this chart shows. Simply put, the numbers don't lie.
A fool and his money is a friend indeed.
Recent CVSI News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 01:10:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 02:36:49 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:21:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 01:32:15 PM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM