SPL is a highly speculative stock (refer VectorVest Strategic Investment Matrix) with RV <1.0 and RS = 1.0.
We only consider this stock for very short term because of its explosive potential… A strong RT value.
The RT value is trending up since the confirmation of bullish abandoned baby which is a rare reversal signal. Please note that RS is trending up as well.
2017.09.19 RS = 0.97 and RT = 1.58
2017.09.20 (Abandoned baby pattern) RS = 0.97 and RT = 1.50
2017.09.21 RS = 0.97 and RT = 1.62
2017.09.22 RS = 0.97 and RT = 1.89
2017.09.25 RS = 0.97 and RT = 1.74
2017.09.26 RS = 1.00 and RT = 1.77
2017.09.27 RS = 1.00 and RT = 1.83
However, this stock is traded by aggressive traders. It is not recommended for Buy and Hold, simply because it is a pharmaceutical stock. The stock price is highly impacted by announcement of investigated drug or the company’s invention.
We only consider this stock for very short term because of its explosive potential… A strong RT value.
The RT value is trending up since the confirmation of bullish abandoned baby which is a rare reversal signal. Please note that RS is trending up as well.
2017.09.19 RS = 0.97 and RT = 1.58
2017.09.20 (Abandoned baby pattern) RS = 0.97 and RT = 1.50
2017.09.21 RS = 0.97 and RT = 1.62
2017.09.22 RS = 0.97 and RT = 1.89
2017.09.25 RS = 0.97 and RT = 1.74
2017.09.26 RS = 1.00 and RT = 1.77
2017.09.27 RS = 1.00 and RT = 1.83
However, this stock is traded by aggressive traders. It is not recommended for Buy and Hold, simply because it is a pharmaceutical stock. The stock price is highly impacted by announcement of investigated drug or the company’s invention.