I know it is hard for some traders to visualize what you guys are talking about.
SDVI has just experienced a negative PSAR event. For those who trade on chart technicals, a negative Parabolic Stop and Reverse can often send a stock much lower.
That hasn’t happened.
In fact, SDVI has formed a near perfect dragonfly doji with an EOD close of .0012 off the LOD, closing just under the SMA (20) of .0013.
The SMA (50) should provide secondary support as well.
SDVI seems to be establishing a new trading channel until the company fundamentals come to light.
When looking at actions taken by the company, we know there are several FLEs potentially on the horizon and also a lock of any new issuances of shares until the end of March.
I suspect we will see new announcements before then, so everyone can weigh risks vs rewards for themselves and make decisions that are in their own best interest.
Market Data 
Markets 
AI
