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Bullboard - Stock Discussion Forum Sernova Corp T.SVA

Alternate Symbol(s):  SEOVF

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

TSX:SVA - Post Discussion

Sernova Corp > Turn around
View:
Post by Charly50 on May 26, 2021 1:53pm

Turn around

The price has now touched down at 1.24 and should now turn.....
Comment by BioTeck on May 26, 2021 3:23pm
You got it Charly ol chap!
Comment by Charly50 on May 26, 2021 3:41pm
The 1.24 mark has now held for the third time. Hopefully they will not hang me for this bold statement!!! Now there could be some volume and buying momentum in the last half hour. Red, flag brother, can you tell the bulls to shape up. If we water the tender little plant "humor" regularly, something big will come out of it. Shake hand.
Comment by rixpix on May 26, 2021 4:23pm
You're a good man, Charly!!  And good call on the bottom price. CHeers!
Comment by Charly50 on May 27, 2021 8:48am
Thank you very much. The trend reversal was accompanied by rising volume and you know it, that turning from negative to positive (ONE DAY REVERSAL) is a strong indicator of trend reversal and rising prices! Let's look at the courses later..... Prost and.. GL to all.
Comment by MoneyMouth on May 27, 2021 12:22pm
Long Term (4-6 weeks) The weekly chart is definitely poised for a breakout. We are approaching the bottom of the bollinger band, and the Stochastic RSI is drastically showing oversold. Additionally we have a fibonacci retracement level of support at $1.26 which definitely indicates that anyone buying at this point is certainly "buying the dip".  Unfortunately I can't upload a ...more  
Comment by Metalsguy1 on May 27, 2021 5:01pm
I can't fault your explanation of the technical indicators. We are also nearing a critical danger point. If we are seeing a true bull flag and the price breaks below major resistance with any kind of volume and does not immediately recover, all of the Technical traders may run screaming for the hills and leave us sub 1 again.
Comment by Metalsguy1 on May 27, 2021 5:15pm
no Charly that one day candle doesn't even come close to indicating a trend reversal. There is only ONE single day candle that indicates a likely reversal and that was not it. Given the relatively volume it is just as likely that a couple of large investors are betting on a reversal but that certainly doesn't indicate a widespread shift. Anyone jumping in this close to that support line is ...more  
Comment by MoneyMouth on May 27, 2021 5:39pm
With the upcoming conference at the end of the month, the likelihood of us seeing a major downtrend to the next level of support is definitely slim. Infact it supports the theory of a reversal, the weekly chart is screaming "buy" and the upcoming conference is screaming buy. Additionally history has shown that when we reach this point we tend to reverse. So thats 3 different things ...more  
Comment by Charly50 on May 31, 2021 6:44pm
and let us not forget either: June 5, 2021 American Transplant Congress Bachul PJ. Islet Allotransplantation into the Pre-Vascularized Sernova Cell PouchTM Device - Preliminary Results of the Phase I/II Prospective, Open-Label, Single-Arm Study at University of Chicago
Comment by Charly50 on May 28, 2021 3:58am
Sorry, you must have me confused. I wasn't talking about candles. I was pointing out that we are at a very prominent support line.  My opinion is that due to the upcoming events and the increased volume, a trend reversal will take place! I expect news from the ongoing studies as early as mid-June:i.e. before the AGM. We are right before the events. Shares have come into strong ...more  
Comment by BioTeck on May 28, 2021 10:59am
Testing that 1.25 price tag again. Albeit on low volume. I had assumed with that volume surge the other day that news would follow given Sernova's leaky lip history but I guess I was wrong (which is good). I hope Philly is saving something good to secure his spot as CEO. I know I'll be voting against unless he pulls an ace from his sleeve. Agree with posters here that this looks like good ...more  
Comment by stanem1 on May 28, 2021 11:47am
The 1.32 bid Thursday was fake
Comment by Charly50 on May 28, 2021 11:48am
In fact, once again geteset the mark of 1.25. Double bottom holds better. Let's look on the bright side, that today the Vekaufvolumen is not high and on this basis the shareholders yet prefer to hold, now shortly before the news. In my opinion, L.J. will look closely at the price trend. At the mark 1.20 he will send his soldiers.... We are all of the opinion that he has made a super ...more  
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