Look At This Stock – SVA

Date: Thursday, July 3, 2014 8:00 AM EST

SVA has been on a tear since 2012 and has recently pulled back to work off some of it's overbought condition. While there is a risk of this pulling back further, I think now is a good time to initiate a starter position as this could retest it's highs in the coming months. I like the position of the RSI here and as it gets closer to 40. Typically that is an area after a big run-up it finds support. Keep this on your watchlist.


SVA

After a bit of a rough patch in April we're starting to get back on trade inside tradewithZEN. I've been trading very light in May during this recent rally as my long term timing signals turned lower in March, but this melt up we've seen may be changing that. If you'd like to gain access to my private twitter feed with daily updates you can do so athttp://tradewithzen.com. Here are my trading results since inception last June.

No content is to be construed as investment advise and all content is provided for informational purposes only.  The reader is solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable based on reader’s investment objectives and personal and financial situation.

Posts are not intended to provide tax, legal, insurance or investment advice, and nothing should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Econintersect or any third party. Reader should consult an attorney or tax professional regarding your specific legal or tax situation.

All information at Econintersect is provided “as is”without warranties, expressed or implied, or representations of any kind to the fullest extent permissible under applicable law, andEconintersect or its authors will not be liable for the quality, accuracy, completeness, reliability, or timeliness of this information, or for any direct, consequential, incidental, special or punitive damages that may arise out of use of this information by you or anyone else, including but not limited to lost profits, loss of opportunities, trading losses, and damage that may result from any inaccuracy or completeness of this information to the fullest extent permitted by law. The Econintersect or its authors will not be liable to you or anyone else under any tort, contract, negligence, strict liability, products liability, or other theory with respect to this presentation of information.

Comments

Sign in with
Use TalkMarkets options