Post by
Benedictus on Feb 21, 2019 10:32am
chart update
appreciate the recent back and forth discussion between sunrize and bluechip - nice to see a SH board that can still offer some balanced insights!
just thought i'd chime in w.r.t the technical picture (fwiw). the chart has firmed up really nicely and snn really is holding its own lately and the daily chart appears to have a reverse H&S pattern setup here drawn from about October to now. If buying demand breaks that 5.50 to 5.75 congestion zone, it would suggest a sharp run toward the 7.50 technical supply wall. A break below 4.15 or so would invalidate this pattern setup. All imo.
Comment by
Fundy13 on Feb 21, 2019 1:23pm
Got past the $5.50 mark. Really good volume since Feb 14 and things keep drifting upwards. Looks like this under the radar company is starting to get noticed, still undervalued vs peers.
Comment by
StuinSea on Feb 21, 2019 6:04pm
A lot of that in the last hour was me putting in Bids under tha Ask. I picked up an additional 5k shares during that time period. My last order filled was 1k@$4.14
Comment by
StuinSea on Feb 22, 2019 10:56am
Maybe not a lot of institutional ownership yet (it will happen in time), but alot of insider ownership. https://www.marketscreener.com/SUNNIVA-INC-40135721/company/
Comment by
sunrize on Feb 22, 2019 2:24pm
Why do you think institutions will buy SNNVF which is on the OTC? AFAIK, institutions do NOT buy stocks that trade on the OTC/Pinks.
Comment by
StuinSea on Feb 22, 2019 2:54pm
I wouldn't expect much institutional funds till they get listed unless it was some micro cap mutual fund.
Comment by
weedstocks55 on Feb 23, 2019 12:25am
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