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Daily Chart Observations...
Very tough call today...see chart below.
Televet...I have seen lots of articles/arguments like this. I never use TA in a vacuum... Technical analysis drew me to SIRC but the fundamentals combined with the TA told me to buy back in December at .10. The fundamentals are keeping me in as long as SIRC stays above the all important daily 250 EMA.
As far as the question does TA really work? Ask John Henry, Richard Dennis (I took some of his orders working on the CBOT), William Eckhardt, Bruce Kovener, Paul Tudor Jones, Cliff Asness etc. etc. if TA works...
Nothing is full proof... but parts of TA work for me...
JMO...anything could happen.
Daily Chart Observations
Because PROF is so rock solid fundamentally I usually don't give it much thought. I know though that the recent decline in PROF has not been fun for any of us longs.
I am sure most of you know that many stocks have taken a beating as of late for various reasons...not just PROF.
For the reasons stated on the chart below I do feel there is good reason to believe we have found a bottom over the last 2 days. Have a look to see why I feel that way and make your own conclusions.
These are just my opinions...anything could happen!!
Go PROF!!!
I agree...potential for a very nice gap up in the morning...
Looking forward to chart observations tomorrow...
Goodnight!
Ha! I'm always curious about my response to what actually happens the day after my predictions too...lol!! Will have to open up the hatch and see...
I do have an idea(s) but I like what I am seeing. Wish there was a little more volume today but it is the largest in the last 4 days. I luv that we broke down below.72 but not .67 and then recovered. This was no doubt an important bottom today....just don't know if it was theee bottom we have been waiting for. Will look hard for more clues but not at this moment...going to enjoy the rest of the day.
Hey Chill...did you happen to take a look at the 1 hour chart that I posted on the board here this morning? We bounced off the rising trend line perfectly as pointed out on the chart at .70-.69. That pretty much explains my thinking...of course will expand more tomorrow on the charts.
SIRC 1 hour Chart Observation
Made a mistake on my chart below and meant to say ("Wed's low and March 29th)
Should be quite another battle today...we are at an important area of support. Would expect we get another push below .72 (Wed's low and March 29th) to clear out the flat area created there... From there just have to wait and see if we can hold the line and bounce back up from here....
Extremely bullish long term...just the little stuff we gotta get through.
JMO...anything could happen.
"Nothing to be gained by this" except great exposure. If you guys have not checked out the PlanetMicroCap podcast do yourself a favor and check it out....good stuff and I listen to it often in the car.
Expect more goon squad MMs to come wandering in here. There are different levels of them and they are desperate to get SIRC down hoping retail traders will throw in the towel and they can buy back and accumulate shares...IMO.
Will update charts soon....
(do you remember the dude that would take a press release and post one sentence at a time? That is an example of an MM goon squad throwing confusion onto the board....IMO. MM's are not necessarily all negative...just be aware. Most of them have no substance...the better ones have a little)
Wow...what a circus it is over at ST's SIRC board... I know some of you guys hang there a little bit and hope you wear your rubber boots.
I stirred it up over there today as there appear to be many MM's working their SIRC board. Screaming and yelling with no substance...they are easy to spot. Would not be surprised if one or two of them come slinking over here to try and mess with me/us...lol. It wouldn't be the first time.
Bring it...
JMO
What a battle around .75 today with SIRC. No surprise there. Will update in the morning.
Go $SIRC
ALL-IN888...you have told us a lot of stuff....
ALL-IN888....why does it have to be this way man? I am not saying everything I do works... Just things I am noticing... Work with me...not against me...
Hi creakyhottie...the best way to know is just check yourself... just look at any Moving Average on any timeframe and see if price respects it or not for the stock you are interested in. Remember also you have Exponential, Simple, Smooth and other types etc. of moving averages....
For me I have noticed that the 250 EMA is highly respected on a 5 min timeframe for SIRC. Does it work all the time? No but it's not bad...
Timmykins... appreciate what you bring to this board and some very funny humor as well..."like sea otters" lol.
Time to move on to other matters me thinks like what's gonna happen today...
Thank you Chill...was about to pull my hair out.
Asinine subject matter as we are going to be kicking ass come mid-May.
Important day coming today... Will roll out chart observations shortly.
Hi Splendid88...
One thing I want to say first off is that I never rely completely on Technical Analysis for making longer term trading/investing decisions in publicly traded companies. (I realize I should have made this clear a long time ago - Best to combine fundamentals with technical IMO). Right at this moment not surprised we are in a quiet area as Dave Massey clearly said in his most recent interview they have to wait for Cornerstone's audit (around 45 days) to get done before we can up-list to the QB and also before they go after their next acquisitions in Texas and Indiana.
That being said back to the charts.... Looking at my last chart post I think we could easily slip back down and fill the gap at .79. There is another intra-day gap that I did not mention that could also be filled at .75 .
Overall though if we can just continue to bounce around between $1.00 and .75 for awhile that would be a win. The steady downward trend will have been halted. The longer we go sideways the bigger the potential next move up. We know good news is coming. Especially increased revenues!!
We may still see plenty of MM games. THEY WANT OUR SHARES. Look at the obvious bull trap created last Wed, 3/31/21. They got a bunch of people long there I believe and now need those people to sell them back to get out of them. (or other people) I am just slowly learning their games so this is all just speculation on my part.... One of the best ways for the MMs to get retail traders to sell shares is to spike price down...let's see what happens.
Splendid88....I hope you are right about your 1.35 call. That would be great!!
ALL-IN888 .... I hope you are right about .85 being support and we head up from here.
JMO....Anything could happen!
Plan to update charts in the morning...
Ha! Good to know man...good to know...
Thanks you guys!! Hope you all enjoy your day...
Life is soooo good and full of surprises!!!
Bahahaha! Didn't get the memo...
Did not realize we are closed today...good for me!
Happy Good Friday Everyone!!!
Daily and 5 min Chart Observations:
I have included a 5 min chart for looking at intra-day price structure.
We are at a very important place right now. Can we hold the .75 area and start a new trend up? The market is simply waiting for more information to decide and appears to be backing and filling between $1.00 and .75 until it does....
JMO...anything could happen!
We will see...I am extremely bullish on SIRC!
We are starting to get higher lows and that is a very good sign. I should have pointed out the latest one on the chart this morning... It is not surprising that we are seeing fierce resistance at $1.00.
Again the time is coming soon when there is just too much money coming in the doors of SIRC to continue to keep price down...
Yes Timmykins...your comments are spot on regarding my post.
I think it has been eye opening to most of us what Jonathan Burbank and others are showing us about what Market Makers and the DTC have been doing to us retailers in OTC land. Where the F is the SEC?? Yes I know...handing out tiny little fines...crazy and things need to change. The more exposure on this subject the more likely we can make a change...but this corruption is deeply intrenched.
So at the moment for SIRC we have a small gap up off the close from yesterday and are up a little bit this morning...so far so good. Will we close above $1.00??? Solid fundamentals will eventually overwhelm the MMs.
The sooner we can get out of the OTC the better IMO...
Hello Timmykins...that is a fair assessment and explains a few crazy things to me on the charts as of late. We appear to have been manipulated since somewhere around Feb 19th. The encouraging thing is the curtain is starting to be pulled back and exposed on the sh*t that goes on in the OTC.
I do believe however we will pull out of this with enough exposure and enough revenues etc.
A few quick observations...
Pre-market Green Energy looks quite positive.
We continue to stay above key support at .75 . Good sign.
Flat area at .88 should get penetrated soon to the upside.
SIRC must close above the 20 day EMA at @ 1.00 to say we have started a new uptrend.
Bullish long term!!
A couple of quick observations....
For me the question today is by the end of the day will be above .75 or not?
I love the fact that both last Friday and Thursday we had highs of .88 . That area WILL get penetrated up through. They will not leave it flat. It may be today or it may be in a week or more from now but I know we have to get back up there.
-We have an up-listing probably coming in May to the OTC-QB.
-We have every reason to believe we will have rapidly increasing growth this year.
-We have excellent leadership in David Massey, Brian Milholland and Hunter Ballew.
-Biden is determined to focus on climate change and green initiatives.
-Management is aggressively seeking an experienced CFO - this is big!
The current selloff is WAY overdone. Someone wants our shares. They are not getting mine.
JMO...anything could happen.
Yesterday's price action created a nice little daily hook reversal - Lower low than the day before but closed higher than the close of the day before. It was done with a decent amount of volume.
As mentioned in my previous post we are in an area of technical support right now. 19-18 was an area of good resistance in the past. Now I am betting it will be an area of good support.
Will see if this puts an end to the recent overdone price decline.
Expect to see support today come in at .75
SIRC...bid/ask .83-.855 per TD Ameritrade
Green energy/solar looks pretty neutral in the premarket...
We're fine...
Hey gang...checking in.
I have no idea why we are doing what we are doing with PROF. Looks like the company is as solid as a rock still. Am I missing something?
I can tell you that there is solid technical support between where we are right now around 19 right down to 18. Solid solid support should come in at 18.40. Would be a good time to buy more me thinks!!
A lot of small cap companies have been under pressure as of late. We will get by this as long as you don't sell...
Just my opinion....
A couple of quick observations this morning...
If yesterday's low of .67 holds it may be the first step to the all important start of higher lows required for an uptrend.
Near term we should see support come in at the 5 min 250 EMA that this morning is at @ .83. If we get a bigger retracement we have very good support down at .75. Let's hope we don't test that.
Last point...yesterday and today so far have the same high of .88. Traders don't like that (daily flat area). Tells me at sometime they will take out .88 and that is good as we need to go up to do that...lol.
Wow Mercutos...just starting listening but sounds like the guy has a lot of info on this fraud...thank you for sharing!!
Jane Street Capital Possible Market Manipulation Info
Thank you beachbumjeremy for bringing this to the board's attention....extremely appreciative. I feel more light needs to be shined on the subject and explains a thing or two... The article is below and be sure to check out the links off the article. SIRC IS on Jane Street Capital's list.
Interesting that their manipulation started around Feb 18th. I am NOT blaming everything on them but some strange things have been happening since that time with price action and also on this board.
First off 17th, 18th (when the manipulation started according to the article) would have been a perfect 50% retracement from the $3.00 high. Price was bouncing off the $1.50 support area...when quite suddenly on the 19th it swung back down again. The same thing happened on March 2nd when there too we had a nice bounce going only to be turned back down quickly.
To me the most disturbing occurrence chart wise was on Thurs, March 18th. The way is violently swung back down for no reason coming off a normally extremely reliable reversal pattern from the day before made no sense to me... Again I am NOT blaming everything on Jane Capital but yes...I am highly suspicious now after reading the article.
A couple of other things: We at one point a few weeks back got inundated on this board by a bunch of characters...some quite negative that seemed to come out of nowhere all at once. Very strange to me... Of course we got the obvious hack job on Seeking Alpha the other day and after doing a second much deeper dive into the guy see that his record is abysmal. I have no proof but feels like he was paid to write it just to get price lower...
As you may tell I am quite pissed...I hate crooks. It makes me even more determined to see things through here with SIRC. I believe in Solar Integrated Roofing and what they are doing am more bullish then ever.
It's easy to say there is nothing we can do about JANE and that this is the way it is on the OTC. Maybe but we will see.... I/we can start by getting more exposure on Jane Street Capital and others like them...
Here is the reddit article that beachbumjeremy brought to our attention with links copy and pasted below...
Jane Street Capital Possible Market Manipulation Info
Many people are aware that almost the entire OTC Market has been crashing in unison for the past month or so. Now we may finally know why. On February 18 and February 22, the Market Maker (MM) JANE appeared on 36 of the highest volume stocks in the OTC. Some examples include OZSC, AITX, GAXY, TSNPD, AABB, ENZC, INKW, OPTI, NSAV, PVDG and WDLF. Later that number increased to 78 stocks. February 22 is also the same day that GME and AMC began trending upward again after a dip that lasted for a couple weeks.
Have you ever noticed that many of your big OTC stocks tend to follow the exact same price curves, dips, spikes and dumps at the same time? This manipulation from JANE is why, and based on the timeline of JANE's appearance in these high volume OTC stocks, the evidence suggests that JANE is heavily manipulating the OTC downward using tactics of naked shorting, dark pool selling and Not-Held Orders in some connection with the fight against retail in GME and AMC.
Please check for yourself by going to OTCMarkets Broker-Dealer Directory and selecting "Common Stock" from the "Type" drop down menu to view the list of stocks that JANE is in. View the historical charts for many of these stocks and watch them follow the same patterns downward beginning February 22nd.
Significant research has been done on this by Tigress-twitter.com , u/Extlis from the Waypoint Refinery Discord and many others. Pass the word along and up the chain so that we can stop the blatant manipulation by JANE (Jane Street Capital).
reddit - Jane Street Capital Possible Market Manipulation Info
SA's Gold Panda's Bearish Track Record SUCKS!
Issued Bearish or Very Bearish on Seeking Alpha...just look up the dates and price action afterwards!
FLY 11/17/20
CCJ 11/11/20
PLG 11/6/20 Holy F**k hahahahah!!!
TSLA 10/22/20 Bahahahahaha!!!!
DRD 6/17/20
PALL 3/20/20 Holy S*it hahahahah!!!
SAPLF 1/29/20 Hilarious!!
MU 12/9/19
Holy God...don't know if I should thank the guy for giving us a Bearish author rating. It's often the Midas touch...
Many more I am sure..
GO SIRC!!
FEEL FREE TO COPY!!!
Mr. megazoo...i said nothing about a gap down to .40's. There is a possible gap that might get filled at .58. There is extreme support at .41. I don't try to predict... just look for clues and report. Anything could happen.