January 2018: TIPS for the new guys out their.Few things to take note on for those who are unsure about CUV.
CUV is a long stock 1000%:
For those who are okay with buying for the long hual, CUV is STILL in a break out! doubling its volume from 43 million to 98 million. That is a strong signal that people are buying in and noticing this stock for the year of 2018.
CUV does NOT like the SMA(10):
your buy signal is that SMA because once it taps it, it will close above that mark and will re attempt to break through a wall. if it fails to break a wall. it will retest that SMA as a support. so watch for that SMA and follow it for those who are looking to claim profits along the way.
Consolidation:
CUV is in a short term consolidation and its biggest challenge for the month of january is to break through that .40 wall. THAT IS ITS ONLY CHALLENGE. once it breaks it, that is the ROCKET SIGNAL THAT EVERYONE IS CALLING ON TOO EARLY. its not a scary challange at all as well, just an annoying hurdle and if you think about its good that it hasnt broken it after two attempts or else we would be entering the new year with a halt without news...not fun.
NEWS! NEWS! NEWS!:
News is always on its way, its been annouced that it is forthcoming no need to get your panties in a bunch about it this time around. just let it drop and do its thang. don't base your purchasing power on news thats being dropped, base your purchasing power based on price actions.INVESTMENT IS STILL A STRATEGY BASED JOB. you want to buy it at its lowest point on its uptrend not on its mid price point or its high price point, your just gonna play yourself into a emotional rollercoaster ride that is obviously not necessary.
Have your screens ready for that break out which is imminent. we have to break that wall. and DO NOT CHASE! let it settle on that SMA with a new low for a buy signal!
Yall can carry on now with your little chats about bashers and what not now, HAPPY NEW YEAR EVERYONE! EVEN SMALLEARS...EVEN THOUGH YOURE ON IGNORE <3