Why am I loaded on SLJB stock and what DD do I like?
You ask an interesting question. I am here purely because of the appearance of the chart.
I care not about PRs, filings, O/S structure, rumors, newspaper articles, speculations, etc. To me it is all irrelevant and unlike many investors, keeps me purely objective.
Right now the chart tells me that this stock has a strong probability of running beyond its previous high (0.15) within a 3-6 week range - based on CURRENT trading. Also, based on other stocks that had a similar pattern, a reasonable estimate of the next peak is in the 0.30-0.45 range.
The current trading activity strongly suggests that the company will provide value-enhancing news/developments within this time frame.
Call me crazy, but I haven't even looked at most of the August PRs, and have little idea of what the company has promised or is working on.
I work purely on charts...which will often incorporate developments that are a sure thing known to insiders, but not known/released to the public.
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