Its now the 49th Session (11 weeks) so far of this SVFC consolidation that began on March 11th. the is also the longest consolidation so far on this uptrend that began in December of 2013. the previous record holder for longest SVFC consolidation on the current uptrend was 32 sessions (5 weeks) Lasting from January 22, 2014 to March 10 ,2014.
non-Sense ,i think that SVFC has reached a technical bottom a few weeks ago at $0.0022 (Lowest since January 15th ,2014) and the the stock traded $0.0034 today it might even back to the former bottom price of $0.0040 traded on March 25th. This SVFC stock wont stay at a 4 month low forever eventually bargain hunters will send the stock up to a 1 month high. But i remain cautious about the companies ability to go forward. I feel that even if $0.0040 is traded a week or two from now there still remains a outside chance that the stock could slump back to $0.0025 and set up a higher low in price that is precariously close to $0.0022. The bid for the stock is currently at $0.0032.
Brought to my attention that one of the litigants of the court drama, who I would assume is athec and now posting on IHUB. Really the fact this person is being sued pretty much should negate every post they make. Interesting to see what becomes of them and all these malicious posts in court.
The stock closed today at 0.0046. Today on Tuesday was the 20th session that the stock has spent in this downtrend. bulls will need a close of at least 0.0055 or higher tomorrow in order to signal a end to the downtrend and a beginning of the upward trend of this consolidation. Last Tuesday on April 2nd the stock traded at 0.0058 ,was up 45% since the bottom price of 0.0040 on March 25th. and was highest since march 19th. Im not sure when the ship will turn around but it seems like its taking forever.