I might be boring this board, but here is again some T.A.
I am amazed, not by the selling pressure, but by the divergence of NVI and PVI... and I am also amazed by the B.O. results right after the weekend. We will be surprised by B.O. results during holidays, methinks. If NVI and PVI converge up, rapidity of rise will also surprise us.
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Pessimism enters Pixar stockholder's mind,... weak hands are giving up. Can't believe that late comers like me are having a chance at accumulating PIXR at lower prices rather than above $50. Stock market can be nasty.
Big resistance around $35... we will see whether it holds. It should, but who knows!... Stock Market is too high. Everybody now expects January effect (rally)... and because of that, that might not happen... Who knows!
Good Luck to all.
François
Note: if we have panic selling (huge volume increase and big drop in share price during the day) at some point, that will be the time I will back the truck with this stock. In the meantime, I am accumulating slowly, around mid 30s... who knows... it could go down even lower... But what comes down will go up, and shorts will help us there when they cover... Patience... not the time to be on margin with this overvalued market... |
