Do you think this is a good stock to invest in at this time?debbie.turbeville@sc.usda.gov
SYMX is that a good stock to purchase?
Answers
2082 points
alanj answered 5 months ago …
They have a working capital of 91.4 million. Their assets are about 4 times their liabilities. And it's an alternative energy company. It looks like a good company. However, right now it is pulling back. Set a buy stop at the previous days high. If it doesn't trigger, re-set each day until it does. Don't use a Limit order unless the previous days high is reached first. Use a Stop order or a Stop Limit order. This is so the order won't be placed until the stop price is reached.
Read more from alanj678 points
BoxCar answered 5 months ago …
I'd wait- Do a 3mo chart on <www.stockcharts.com> using [Vol.x Price] and MFI then
compare Bollinger Bands to Price Channel to see potential price of 54cents.
Stock prices are like electrons in an atom. MFI is money flowing in like energy input.
It drives stk price to want to be on ledges of [Vol.x Price] and when MACD blk line
crosses down thru red line the price will drop, which its about to do.
To see whats likely to happen compare SYMX to EVSO, a solar energy company-
EVSO spiked on huge volume May1st then slid downward on same slope of the 2
months prior to spike in volume. Its headed to the lower [Vol.x Price] ledge; should
see a similar pattern develop in SYMX- Remember, TIMING IS EVERYTHING
