Friday, August 12, 2016

Innovalues - High Volume Breakdown



Studying the chart for Innovalues, the stock had 2 high volume break downs that was detrimental and scaring. Today the stock just tanked down another 8.3% and yet another volume which was so obvious with sellers. In the short term, I am staying away from this counter because it's highly driven by news and sellers. One wrong move and funds maybe depleted.

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Ronald K - Market Psychologist - A Stock Market Opportunist