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Re: BottomBounce post# 299

Thursday, 10/10/2019 11:44:56 AM

Thursday, October 10, 2019 11:44:56 AM

Post# of 338
This is technical swing trading board under the "Penny Trading - Technical" subcategory.

Please post technical data/indicators regarding the stock.

If you want to post company fundamentals, there is the "Penny - Fundamentals" subcategory - https://investorshub.advfn.com/boards/boards.aspx?cat_id=171

Technically, CVSI has been in a free fall since April of 2019 and experienced several dead cat bounces. Currently CVSI is retracing down from recent dead cat bounce of first week of October with 2MA falling below 5MA with RSI falling and MACD histogram falling to 0 on falling volume which are bearish indicators. If share price continues to fall, MACD line will fall below signal line which is my trigger for shorting a stock.

For me, CVSI is a WATCH.

Learn to identify rebounding stocks and set BUY/SELL points using simplified Swing Trading Template - https://investorshub.advfn.com/Swing-Trading-Model-36395/

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