posted
RSI.. bullish MACD.. new trend.. bullish 50d and 200d moving avg.. bullish Stochastic.. still oversold and uptrend..bullish Volume.. bullish Money Flow index.. bullish Slope is at healthy climb.
305d moving avg and above.. target average price
Posts: 2102 | From: Dayton, Ohio | Registered: Feb 2006
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posted
This is the first time we close at 0.15 or above with positive MACD since the last megatrend, in the last 12 months.
Posts: 2102 | From: Dayton, Ohio | Registered: Feb 2006
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posted
I'd be careful with this one. It looks like a small technical run is happening based on the charts but it's gonna be short lived. The fundamentals of this company are horrible. They've diluted their outstanding by almost 300% over the last 6 months and they increased their authorized to 6 billion. That usually spells trouble. I'd take a small profit and run.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
Could move above 0.16 today. Watch carefully. Daily chart shows a good momentum. I do expect gap up soon, maybe on Monday. I still believe we could hit above 305 day average which is 0.04 or make a new 52 week high. Indicators are bullish especially ADX line is in new bullish trend. See chart.
posted
0.026 high is regression resistance level. Could open 0.016. If no GAP or small GAP today, we could close around 0.026 with a nice volume and next day could open with a possible GAP around 0.04. Sounds optimistic but chart suggest that trendline.
Posts: 2102 | From: Dayton, Ohio | Registered: Feb 2006
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SaVi Media Group Expands Its Domestic and International Operations
ANAHEIM, CA, Jul 17, 2006 (MARKET WIRE via COMTEX) -- SAVI MEDIA GROUP, INC. (OTCBB: SVMI) has recently doubled the size of its R & D lab portion in Santa Ana and furthermore SaVi has just acquired a 270,000 ( Two-Hundred, Seventy-Thousand) Square foot R & D lab and office in Tian Jin, China in the Auto Trade - Free Trade Zone. Since we have been working along side G&K Auto, Chinese authorities in Beijing have contacted us and we have begun testing heavy duty equipment, machinery, and certain diesel engines that they have shipped overseas from China to our facility here in the U.S. for us to test and retrofit. Due to the interest locally and internationally SaVi has acquired funding by Cornell Capital so as to adequately lay down the foundation for this expansion. We have accepted $2.9 Million in initial financing from Cornell Capital Partners, LP.
Under the agreement recently signed, Cornell has committed to provide $2.9 million of funding in the form of Secured Convertible Debentures. The Company received $1.6 million at the time of signing with an additional $800k to be advanced prior to the filing of a registration statement with the Securities and Exchange Commission (SEC) in connection with the transaction, and a final $500k upon effectiveness of the registration statement.
"Since the launch of our drive to commercialize innovative new types of engine emission reduction technology along with specialized manufacturing processes, we have been fortunate in establishing strong relationships with government officials and world class partners,'' stated Mario Procopio, Chief Executive Officer of SaVi Media Group, Inc. "In June we gained Cornell Capital as a strong partner in the area of finance and with Cornell's newly added $2.9 million dollar commitment we now have our revised business plan in efforts to bring our technologies to market as soon as possible," concluded Mr. Procopio.
About Cornell Capital
Managed by US-based Yorkville Advisers LLC, Cornell Capital Partners, LP is a key player in structuring and executing equity agreements. Facilities similar to this Standby Equity Distribution Agreement(SM) are widely utilized by companies in the USA, UK and Australia. To date, the Cornell group has made available in excess of $800 million for over 100 publicly traded corporations. For more information please visit: http://www.cornellcapital.com
About SaVi Media Group
SaVi Media Group creates and commercializes blow-by gas and crankcase engine emission reduction technology. They have created the first truly simple gasoline and diesel engine emission reduction technology, allowing them to provide their clients with lower-cost, more effective and more efficient emission reduction and engine performance. With 20+ years of emissions and materials R & D behind it, the Company was formed to create, support and license a patented supplementary vehicle emissions reduction and fuel efficiency technology that can reduce emissions by up to 40% and improve efficiency 30%. Using proprietary methods and processes SAVI increases fuel efficiency at the same time decreases emissions and extends component life.
Posts: 2102 | From: Dayton, Ohio | Registered: Feb 2006
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posted
I bet the last sell-off we had was eighter a manipulation before news or share buyout deal. Opportunity for some of us.
Posts: 2102 | From: Dayton, Ohio | Registered: Feb 2006
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posted
Engine emission reduction technology by SVMI can be huge in China market.
Posts: 2102 | From: Dayton, Ohio | Registered: Feb 2006
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