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[cta751]

I could be wrong but I'm thinking you will be glad they didn't sell come tomorrow. My logic on SVU is that the news was good and it has made almost 2.00 in gains on days when the market has been down and ugly. It did this coming off a month long downtrend. When you look at a downtrend, most of the time it doesn't just go down and keep going down, there will be a few green days in the mix. SVU had this so one green day doesn't necessarily mean the trend has broken, yesterday was the first green day. Investors most likely were a bit leary of jumping in, even with good news there is no guarantee it will continue to rise. Today was a great follow up to yesterday and many will now look at it and be more likely to believe the downtrend has broken. IMO this should bring in new buyers tomorrow, if the market is green it will be even better. IMO we are due for a green day, we've had four red candles in a row and the chart for the Dow looks primed for a comeback.

Other thing I like is SVU is coming off a double bottom where the peak between the bottoms was 30.72, IMO if we get a couple green days and new interest due to the break of the downtrend, 30.72 will be broken by end of week easily.

SVU Annotated chart