InvestorsHub Logo
Followers 49
Posts 2419
Boards Moderated 0
Alias Born 12/31/2014

Re: None

Wednesday, 05/01/2019 8:40:40 AM

Wednesday, May 01, 2019 8:40:40 AM

Post# of 83012
Good Morning Peeps..

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.