InvestorsHub Logo
Followers 32
Posts 7648
Boards Moderated 0
Alias Born 10/07/2009

Re: RisingProfit post# 9934

Wednesday, 12/30/2009 10:04:12 AM

Wednesday, December 30, 2009 10:04:12 AM

Post# of 93372
We are about ready to hit the top portion of the descending triangle pattern that SDVI has hit 3+ times the past several months. We need to close above $0.003 in the next couple days, otherwise the stock will likely continue falling.

Some positive points about the chart:

1) We may have bottomed on the 17th.
2) The MACD is about ready to cross the EMA. We are still a ways from crossing the 0 line which would verify that a bottom has formed. (Very Bullish)
3) Acc/Dist. graph continues to rise after 2 months of trading sideways
4) The moneyflow is starting to rise after bottoming on the 17th.