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Hi Rteddy68....Just wasn't sure what you were referring to when you said:
"what does the black line indicate on trades between red and green line"
Were you talking about on a chart or on your broker's trade statement? Would you be a little bit more specific?...thanks!
We appear to be in the grips of the MMs again but no proof. Turd Bomb SA article and disregard for well respected EMAs and then steady pressure down. If we could find support @ .55-.56 area that would at least keep us above the last support area of .53-.44 and would be positive...
Please get a well qualified CFO hired...
Bullish long term...
Okay so this reeks of MM manipulation... Drop the turd bomb this morning on SA and then we head south finding support right at expected EMAs that are typically respected by price but then shove it back down our throats to new lows... Bet we get a visit today from a certain sandwich maker and probably some of his friends. By the skin of our teeth we are finding support right at the 20 EMA...
Please find that CFO!
Bullish in the long term!
Timmy...just know I and I believe many are rooting for you here!!
When we are well above $5.00 absolutely expecting to take my wife to your wonderful winery for a visit and drink to our hearts content...then of course head to the Caribbean to the Soggy Dollar...to meet the rest of you!
Yesterday was a great opportunity to gap up and take off but it didn't. That tells you something. The good news however is we are still trading above the important daily, 10-20-50-250 EMAs. Expecting a further retracement down to the 50 EMA around .63-62 and then looking to bounce up again.
Waiting on the important CFO announcement!!!! Get it done please...
Hang tight!
JMO
Ha!! No gap...this is a humbling business but like what I see!!!
Going to gap up on the open...
This is just one report...and they got it out!!!
The bangers are coming later this summer. I'm sure we will be getting a PR soon announcing they have found a new Wall Street sophisticated CFO.
Nothing but good stuff coming...
GO SIRC!!!
I know there is a lot of doubt right now but price action is talking to us. Someone with money was buying it up today...more volume then we had on Friday. We took out Friday's high...that tells you something. We have gone up to the .73 once on Friday and once today intra-day. There is resistance there. We had an excellent close at .72. This looks ripe for a gap up opening for tomorrow morning. Remember...we need a gap up at some point for us to know we are on the road up north for real. Will it be tomorrow? Maybe...will see.
Like everyone I am wondering about earning but the above is just looking at the price action and it's saying we are going higher.
JMO
Okay...so no earnings news yet.
Price action is set up like a bow and arrow. The bow is being pulled back most likely to the .62 area as I have been pointing out. Once news of some kind comes out (and it will) my sense is we will bounce off the moving averages and the arrow gets shot north...sometime this week.
Hang tight...go SIRC!!
JMO
Great opportunity to add or enter for the first time coming around the corner at .63-.61 area in my humble opinion.
Don't fall asleep!!
Daily Chart Observations...
Nothing has changed from what I said yesterday for me...
Post # 18729
FMonsters...whose MMaker's rock do you live under?
Natural pullback and we are just getting going...
I'm guessing most are seeing this as a completely sh*tty day. Me, after yesterday's daily pin bar I see this as a natural pull back. We more or less have retraced 50% of the recent rally with .66 as the low. My hunch though is we still have some more to go today or tomorrow, most likely touching the 50 day EMA around .63-.61 area....JMO. Perhaps it could happen tomorrow morning before it reverses back up again but just speculating here.
The most important thing to understand here is unlike the false rallies over the last 4 months during the huge down trend...today's pull-back is all happening above the 50, the 20, the 10 day EMA's. We are in a healthy position above them and NOT below them. This area we are in below .70 is a great area to add to positions in my humble opinion.
Bullish...JMO anything could happen...do your own DD!
GO SIRC!!
All good
Not surprised we are seeing resistance here as I figured .80 was going to be a tough area to crack. The main thing I will be watching for today is can they keep this morning's gap open? We do that...we start kicking butt and taking names!!
Not sure what you mean by "broken" but yes if we continue going higher... the next big resistance is $1.03....but that is still a ways off. Just want to see us stay above .80 for now....
Nice controlled gap up opening!
Is this going to be the "the breakaway gap" (a gap that never gets filled) that all stocks have that have huge moves up?
Look for .80 as initial resistance...
If we close near the top around .72ish I feel very strong we will gap up on the morning opening most likely off news. At this very moment there is a nice flat area at .72 intra-day that will be penetrated and a gap up through it in the morning would be perfect... a much bigger gap than we got this morning...JMO
Okay...so we got the .62 intraday retracement as expected. The tiny gap got filled. Would expect another strong close today since we have already tested support.
Any good news that comes out after hours will gap us up in the morning. I expect it will turn into a breakaway gap - a gap that never gets closed, that all big up trends in stocks have in their early stages.
Hang tight!! Go SIRC!!
An obvious next area of resistance is .80 which was the high of week 4/19 which has been containing price for the last 8 weeks...
Also please note we did have a small up gap this morning. Yesterday closed at .64. Today's low is .65...that's a gap folks. Tiny but a gap. However I am expecting a much larger gap when news comes out one of these days before the market opens. I've had this discussion many times but... NOT ALL GAPS GET FILLED IN THE STOCK MARKET. Look at the beginning of most stocks that broke into a major up trend...like AMZN, or a million other stocks, and you will see breakaway gaps near the beginning of their huge moves...
...or then again we may just have a SMOKE SHOW today!!!!!!
LOOK FOR GAP UP ON OPENING TOMORROW!!!
Big up trends almost always have breakaway gaps near their beginnings...
Oh hell yah...beast mode!!
Like I said this morning .60-.62 is critical resistance and hopefully soon will be support. Why there? Because .60 is where the important March 5th low was and also the all important 50 day EMA is sitting at .61.
If we do close strong near the top of today's range I would fully expect to see a gap up opening tomorrow morning off some kind of news. Just speculation but it makes sense.
Go SIRC!!!
Thanks guys! Slowly coming back...
Like what I am seeing on the chart...
Now let's get that high level CFO in place to add to the rest of the excellent pieces we have been acquiring for our team!!!
Go SIRC!!!
Everybody have a great weekend!
Hang tight....Good stuff coming!!
Hi Timmy...
Not exactly "back" yet. Just dealing with some unexpected things that require my attention. I am all in long though on SIRC and hope to be active on the board again soon.
Will say we are forming a nice base and look at almost any stock chart before a big move. Low volatility sideways action like SIRC is in right now often leads to explosive moves. This is easy to predict as we all are expecting a lot of different news events this month and any could be the catalyst for that explosive move up. Do NOT let this low volatility put you to sleep. The breakout point is the .52-.53 area. We close above there we should get moving...
Go SIRC!!
I’m here boy...not going anywhere
AOR Debbie Downer strikes again...wah...wah...
Hope to be back soon...Thanks for the shout out the other day Chill!!!
My hope right now is that this week's price action can just back and fill forming a base till Friday when the retreat ends. Even a few spikes down as long as they quickly recover would be just fine.
It's pretty clear to me that nothing big, news wise, is gonna happen till they get out of their conference at the end of the week.
Good things coming...
Go SIRC!!
Nice to hear that boy!
Did everyone see this Fb post reply by Hunter from 2 days ago?
“Hey man. Leading a retreat in Utah until the 19th.
Drop another post after the 20th and we'll line up a FB Live where we'll cover questions.
Good to go?”
Seems to me action starts this Friday the 21st
Thank you man...much appreciated. "this too shall pass"
Have a good rest of your weekend everyone! I believe much brighter days are coming soon for SIRC!
Hang in their Timmy...I think for many of us there is a lot on the line here with SIRC...just glad you all are here with me...
Not sure yet when I will be back in full force...
GO SIRC!!!
I am here...long and strong... New Managementl/Leadership way way to smart to have gotten involved with SIRC unless this company was going places....UP! Yes I am disappointed with price action but everything in our sector is down big time....it will turn back up.
Somethings have come up in life that I am dealing with and is the only reason why I am not here very much at the moment...that will change back up too...
AOR...congratulations on being right on a stock for once in your life...proud of you...
Go SIRC!!!