Posted On: 01/31/2015 2:43:34 PM
Post# of 2559
SNST Weekly Chart ~ Lots of Good Information
This week's move of 48.57% with an intraweek high of 70% was a nice change of pace for the longer term holders. It's been great to hear from so many that continued accumulating the stock during the multi-week decline from the highs of October and November, especially over the last couple of weeks at the 1.00-1.10 level. This week's candle on the Weekly engulfed almost ten weeks of declining candles. Of interest to me is the positioning of the FullSto and MACDs which are nearing a positive crossover. The last time that occurred, the stock ran from .50 to a high of 1.92. Additionally, the good news is that we are new three months closer to material events that Sunset Capital Assets has been working on. I'm still expecting a tremendous 2015 as I have mentioned many times in the past. As SNST monetizes their assets and continues on their acquisitions/partnerships, the revenue flow that the company has talked about in releases should drive the stock price into the tens of dollars. Patience should pay off for many of us.
This week's move of 48.57% with an intraweek high of 70% was a nice change of pace for the longer term holders. It's been great to hear from so many that continued accumulating the stock during the multi-week decline from the highs of October and November, especially over the last couple of weeks at the 1.00-1.10 level. This week's candle on the Weekly engulfed almost ten weeks of declining candles. Of interest to me is the positioning of the FullSto and MACDs which are nearing a positive crossover. The last time that occurred, the stock ran from .50 to a high of 1.92. Additionally, the good news is that we are new three months closer to material events that Sunset Capital Assets has been working on. I'm still expecting a tremendous 2015 as I have mentioned many times in the past. As SNST monetizes their assets and continues on their acquisitions/partnerships, the revenue flow that the company has talked about in releases should drive the stock price into the tens of dollars. Patience should pay off for many of us.
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