Quote Originally Posted by Yankiwi View Post
It's wonderful to see that long term support has held firmly at $2.50.
Yes, it really is remarkable how that level has held strong over the years - especially through the current turmoil. I don't think there are any really safe havens, but if there were, STU would have to be on the list.
There is no great insight to be gained from the chart apart from viewing the support. It's good that the OBV seems to have stopped falling, but the recent trendline break "buy" signal was caused by the OBV crabbing sideways rather than by a definitive rise so it should be ignored.
If I were in your situation, I would be inclined to hold on to my $2.57 - $2.58 STU and delay buying more until the global situation settles a little. This is a very good time to be holding cash. Here's a thought for you - maybe when you do buy, you would do better investing in something that had been severely beaten down, rather than adding to your STU investment - a stock you already hold at a good price and one that has not been hammered.