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TheAnonymousBanker
Mar 5, 2023 1:24 PM

CVD EQUIPMENT CORPORATION: Elliott Waves Technical Analysis Long

CVD Equipment CorporationNASDAQ

Description

From a technical point of view, the trend is bullish on 4H chart, so it could be interesting to look for a potential corrective structure that we could use to try to take a long position. At present CVV has never paid a dividend and there is no new information about that.

NASDAQ:CVV
Strategy: Wait the corrective structure completed and Long on Wave 4

PROFILE
Sector: Electronic Technology
Industry: Electronic Production Equipment
CVD Equipment Corp. engages in the design, development, and manufacture of chemical vapor deposition, gas control, and other state-of-the-art equipment and process solutions. It operates through the following segments: Chemical Vapor Deposition (CVD), Stainless Design Concepts (SDC), CVD Materials, and Corporate. The Chemical Vapor Deposition segment is utilized for chemical Vapor deposition equipment manufacturing. The Stainless Design Concepts segment includes ultra-high purity manufacturing division in Saugerties, New York for gas control systems. The CVD Materials segment offers material coatings for aerospace, medical, electronic, and other application. The Corporate segment refers to the firm’s administration activities. Its services include anti-corrosion, application lab, collaboration, customer support, printed electronics, fabricated quartzware, and process software. The firm serves the aerospace, glass coatings, medical, military, nanomaterials, optoelectronics, semiconductor, and solar photovoltaics markets. The company was founded by Leonard A. Rosenbaum on October 13, 1982 and is headquartered in Central Islip, NY.

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N.B.: Updates will follow below

Comment

If you bought around 10.47 move stop loss to BE. If you want to see potential development of ABCDE Pattern, please wait.

Comment

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Comments
sayin3
are you still bullish
UnknownUnicorn15614419
The asset should test the levels more for the scenario to be confirmed. Thanks for sharing the vision!
Solldy
A very interesting publication. Thanks to the author for the work! As I understand, the idea of the publication came after the last news on the asset?
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