It's simple. If a post has a title meant to scare the crap out of you and/or get you to make a major decision very quickly.... "OR ELSE!", aaaand, it lacks anything if substance in the body.... it's probably only good as fertilizer for your garden.
To me SNTA looks like it's steadily moving up and I'm thinking of jumping in AM. Can anyone point me to some technical analysis?
I started buying some today had an 8.50 pullback target and another at 7.97 for a second buy. This has a repetitive sharp up then partway pullback pattern so I targeted 7.50 to 8.50 now to mid November to buy. I drew line starting at May low connecting the July and Sept lows to get my buy points. My near term target is 12.00 by year-end. My stop loss is 6.97. Good buy points appear to be just below 30 period MA where it is now.
This is from TD AMERITRADE MARKET EDGE Analysis..
Date Opinion Formed 09/17/12
Price Opinion Formed 8.03
Recommendation: Stock is a Buy.
Moving Average Convergence/Divergence (MACD) indicates a Bearish Trend.
Chart pattern indicates a Strong Upward Trend.
Relative Strength is Bullish.
Up/Down volume pattern indicates that the stock is under Accumulation.
The 50 day Moving Average is rising which is Bullish.
The 200 day Moving Average is rising which is Bullish.
Price is under Support of 8.31 which is Bearish.
Watch for resistance at 9.06
Week's Activity (Close as of week ending 10/19/2012)
Week Close 8.21
Week Change -0.79
Week Open 9.01
Week High 9.21
Week Low 8.16
Yr. High 9.85
Yr. Low 3.15
MO Chg.(%) -2.0
Moving Average Analysis
10 Day 8.89
Ave Daily Volume(00)
Up/Down Volume (U/D)