Sierra Resource Group Inc. (fka SIRG)

[Dennis2015]

Some of those resistance levels reach pretty high, Winnaar. Well into the multi-pennies. It's going to reach one of them where it finds itself with indicators overheating left and right. It may pierce it for a moment, but drift below out of sheer exhaustion.

Beyond that point, yes, I think it will start destroying old resistance levels as it marches upward in a more realistic manner, for months afterward.

But there will be a substantial play to be made in that first day or two, as this stock has always played itself out, only on a grand scale this time. I do not intend to ride it all the way back down, and not harvest this ripened crop. I will keep a portion in play, just in case.

Always prudent to take some off the table with something so big as this.