emehoke

VUZI. looking for the bottom still.

NASDAQ:VUZI   Vuzix Corporation
will VUZI find the bottom? hard to say. To bet on a reversal, I want to know that other buyers are moving in as well. The volume and the OBV show me that buyers are not yet interested.

Again, anything can happen, but this is what you are supposed to be checking before jumping in.

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VUZI is a stock I was watching closely earlier in the year. I became disinterested once the downside persisted. Now it's function is mostly just to keep an eye on a stock and notice what happens to it on the down side of the slope. There have been a lot of places where it looked like it would be ok to jump in for a reversal, but as we can see it is continuing lower now, so the sentiment has been, for me, just to leave it alone.