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Posted On: 03/16/2022 10:08:20 PM
Post# of 6857
I have had some more questions on the UNVC chart and when the stock may bottom, that is hard to calculate since the chart/shares are below all chart lines and continuing to drop. I would have to compare history of other other penny stock charts, but again it will not likely come until you have a very heavy volume down day with a major loss in the share price to exhaust the last sellers out and then bring in new holders. UNVC has traded this "V type pattern" several times, which again is a huge volume sell-off with a reversal back to even or positive for the day. The shares could just continued to drip down, but at some point traders/holders will throw in the towel in a big way and you'll get that "V" reversal.
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