From September 29 on SVA:
"SVA rallied off that 7.51 low, so it looks like Data Point #4 is in. The top of the Falling Wedge comes in today at 8.869. The slope of that trendline is 0.1911, so subtract that amount each session to watch for a possible technical breakout, or failure. It will come in on Wednesday, Sept 30, at 8.678."
SVA rallied toward the top of the Falling Wedge on Wednesday, but only made it to 8.62. Yesterday, it took out Wednesday's 8.10 low (Sell Pivot) then followed through to the downside.
4 comments:
Melf,
Two days without a post, I hope you are feeling well or perhaps are on a vacation. Be well
Mark
Good Morning, Mark,
Thanks. Just taking a break.
if anyone deserves a break, its you
thank you for all your insight
Melf,
I was concerned that you might be unwell. Enjoy your time off.
Post a Comment