Today's selldown affected quite a bit of volatile stocks. However, one counter Seksun, has not undergone mass selling. Infact, it is selling at $0.70 at the moment.
How I see Seksun:
- It's a "quiet and trending stock". I personally prefer such counters as it does not whipsaw violently, and thus hitting my trigger.
- It's short term indicators are healthy. This gives me an indication to go in and build my initial position
- Weekly indicators are showing slight retracement. Whether it is a reversal is still unknown but it does show that it might be a good price to enter
- Weekly trends are stable.
Entered small "test water" amount at $0.70 Labels: Seksun |
