Friday, September 30, 2011

SVM quick update

Had to do this update on the road, so no screenshots - that'll come on Monday or Tuesday when I am back in the office. Important resistance at $8 is taken, further confirming our double bottom-based swing trade; if we  finish the day above 8, there is not much resistance up to 9 - 9.20. That it happens in a red market is even more reassuring.