Replies to post #609 on SaviCorp (fka SVMI)

[Go_Stocks]

SVMI TA through fibonacci retracements. We're trading exactly around the 0.618 retracement. Last time it bounced when the price dropped right below the 0.75 fib retracement. For a higher low, it should bounce below the 0.618 retracement and near the long-term trendline (in the previous chart or see the bottom chart).



Put both charts together looks messy, but give you a good idea on where SVMI is:

[Holein1]

Trade_4_Money
can you help me understand when the price breaks out of the pennant does the TA indicate a short term and long term price ?
thank you