Bullboard - Stock Discussion Forum Sernova Corp T.SVA

Alternate Symbol(s): SEOVF

Healthcare Medical Devices

Sernova Corp. is a Canada-based clinical-stage biotechnology company, which is developing therapeutic cell technologies for chronic diseases, including insulin-dependent diabetes, thyroid disease, and blood disorders that include hemophilia A. The Company is focused on developing a functional cure for insulin-dependent diabetes with its therapeutic cell technology, the Cell Pouch System, a... see more

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TSX:SVA - Post Discussion

Sernova Corp > The Trend is your friend!

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Post by Charly50 on Mar 19, 2021 2:26am

The Trend is your friend!

Looking at it soberly, I see the long-term uptrend at around 1.30 - 1.35 and further support at 1.20 C $.

If you take the upward line (which rises by about 1 cent every day), the best case scenario is a trading opportunity of 10% gross.

Of this, the brokerage fee for purchase and sale must then be made.

What then remains net?

In my opinion, far too little and extremely risky! It's a ride on the razor blade.

I am of the opinion that we are on the verge of the technical breakout and that the resistance (you draw a line through the two highs) will be broken.

I think you shouldn't trade !!

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Comment by cowjazz on Mar 19, 2021 11:07am

This post has been removed in accordance with Community Policy

Comment by BioTeck on Mar 19, 2021 12:23pm

The daily trend is Pump, slump, pump/dump. The only mystery is whether the end of day will be a dump or a pump. See-ya next week.

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Comment by Charly50 on Mar 22, 2021 5:15am

I also bought a few more pieces at around 1.30. I saw this as a unique opportunity. As I said, unique! I am not selling these now, but on a different level, the next step on the stairs. I see the risk of missing the next increase at this point in time greater than the risk of a price decline. I'll see you, good luck.

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