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Fantastic post Mr muse...thank you for sharing!!!
Hiking up to the cabin...y'all have a good night!
Tomorrow's a new day...
Wish they would just pull the Band-Aid off...
We are obviously about to take out .81. The question is how low will they take it...? Take out .81 and bounce right back? Head down to the .75-.65 area at support and bounce? Go down to Sammy's .58? Will it hold here till the close and then spike down on the opening tomorrow and then bounce?
Whatever...just get it over with and let's get rolling...
Gotcha...I will add it on the next one as a general philosophy but anyone can update (as long as reasonable)...trying to keep it at 10 or less highlights...thanks havasu!
Actually updated it in before time expired...lol
SIRC Things We Have To Look Forward To:
With the exception of the first point on this list from me, all these points are from Mercutos and the last one is from Chill.... Just putting in a super easy to read format that stands out.
Hope this is cool with you Mercutos...
Wanted to post these points (again) on this tough day.
"always look where the puck is going to be, not where it is."
-Management aggressively seeking an experienced CFO to guide us in future growth.
-OTCQB uplist
-Second EV focused LOI (Denver or New Jersey?)
-15-20 Roofing companies submitting application to be purchased. We will probably have a couple of those in the next 90 days for sure.
-Monthly announcements of record sales
-EV charger division President named announcement
-Run Rate news releases (probably tied to record sales annexments)
-~$9M RR reported in 2019. ~$20M RR reported in 2020 for a 120% YoY growth. They are expecting to have a $100M RR by MAY/JUNE of this year! As soon as that starts to get reported, the broader market of investors will start to realize that is now a ~500% YoY growth!
Wow! Simply awesome post Mercutos...
Charly...typical of a downtrend pattern intra-day. You watch...the pattern will turn around and do the opposite once we get above those EMAs I mentioned in my morning chart observations. I get it though...so hard to be patient right now and is why so many are not successful at this game.
All-In-Nodge...Nice job! Love hearing stories like this. Trust you have your own private island now!!! We play a game here if played correctly can be financially life changing for ourselves and all those around us...!!
Let's do this...
All-In-Nodge thanks for sharing and hope you made a killing!!!
SIRC has so much going for it...ANYTHING could happen!!
My feeling is someday we will look back at $3.00 and say..."remember when SIRC price was way down there???"
Great question Chill about the EMA's squeeze... I have not added that to the chart lately because I don't want to overwhelm the chart with info.
Little busy at this moment...will get a chart out on that later today or in the morning...luv that subject!
Chill...I am glad I can help a little bit to add some chart perspective... We are all learning here especially me. So appreciate yours, Mercutos and many others here perspective on SIRC fundamentals etc. on this board...
Our day WILL come for SIRC... Management is KEY when investing long term!! Our leaders with SIRC...Dave Massey, Brian Milholland and Hunter Ballew will get the job done...
Hey Chill...
Just saw your post with your chart...
Yeah...problem with trends lines is they are so obvious after the fact. They certainly aren't definitive. The ones you drew wouldn't be my first choice but who am I to say...
Looks like as mentioned in my daily chart observations we will take out .81
Sammyboy... why .58? Do you think price will simply take out the last low of .60 and then bounce from there... Just curious...thanks.
Go SIRC!!! Our day is coming boys...it just might not be today!!
Daily Chart Observations...
My daily chart observations....going to be a key day me thinks.
No matter what happens today, long term I am VERY bullish!!
To 1dollar--- I hear what you are saying about looking back to 2016-2017 on the charts. What I think you are seeing is back in 2016-2017 SIRC struggled getting above the 1.00 area... Now 1.00 area is acting like support (I know at this moment we are below 1.00). Other than that not a huge comparison in my opinion...
JMO --- anything could happen!!!
No sir...For TD Ameritade it's showing .90 at the low so far today along the perforated line that I showed on the chart. In my book a difference of .0005 doesn't cut it. The line needs to be penetrated by a cent or more in my opinion to say the line has been pierced / penetrated. Looks like .90 will be taken out very soon.
Yes sir...I almost put out a Weekly chart but extended those two white lines out from the high/low from two weeks ago on the daily chart. Like I said bottoms price action is typically messy and unorganized. We will grind this out over the next few weeks and start moving up again...Really need it to break out above that 20 day EMA at 1.13 that has been containing this longer term down trend....it will happen as more good news comes out.
Of course we could get an outlier at some point via a mention of SIRC from someone ie. Elon or from someone else...if that happens...anything could happen!!!! Expect the unexpected....
JMO...
Go SIRC!!
I hear ya...lol!!
Hmmm...where I live it's Thursday..lol!
All good!
Yes agree...something was up with SIRC this morning with the high volume. Not normal of course and price action was totally unexpected. I could guess what happened but I won't...it is what it is...
Unfortunately the 20 day EMA has done a remarkable job of containing the larger downtrend on SIRC...bounced right into it and turned down.
Well...1.03-1.02 held for about 1 minute lol...
This is why I say... Anything can happen...because it really can...
Someone clearly wants our shares...looks like it is way overdone...
Couple of quick observations...
Yesterday SIRC formed a "piercing pattern"...aka a daily hook reversal and was just what we needed! However that being said looking at other green/solar stocks this morning it looks like most are down a bit. One exception is Canadian Solar (CSIQ) that came out with better than expected earning and is killing it in the pre-market. Hopefully this foreshadows great things to come for the solar industry.
Expecting a pullback down to 1.03-1.02 with SIRC and hopefully we bounce off that support and we continue on our merry way on up.
Again...love the fact, if yesterday's low holds at .82, that we look like we have established a higher low vs the 3/5 low of .60. Now we need to take out 1.35 to keep it going. Higher lows and higher highs!
JMO...anything could happen!!
Chill...nice chart!!
Yep...traveling till the end of the month so a bit more limited on my comments etc. till then...
Today might turn into a hammer or doji candle stick or whatever you want to label it...a reversal day of some sort. I knew we would be down today at the open after taking a quick look at other solar stocks this morning...
The main thing about all this is...today's low is greater than the 3/5 low if indeed today's low holds. We want to see a succession of higher lows. Now it is important to get above the 3/10 high of 1.35.
Today would LOVE to see us close above $1.00 and ideally above $1.05.
Today's gap just got filled in as I write this. There is a flat area at 1.06 that must be penetrated up through. There is also a flat area at 1.17 that will be penetrated up through as well.
As I write this we are finding resistance at the all important 5 minute 250 EMA at 1.04. We may not have enough in the tank to get above that resistance/barrier today...will see.
A few comments...
This has come up before and is a bit amusing that I am somehow controlling the price action of SIRC. Of course this is just silly or else believe me we would be at $100 right now and all be at the Soggy Dog...lol..with our yachts moored off the beach.
What I am doing is looking at the various time frames on the charts and making some loose predictions from price action and indicators I have seen work in the past.
Nothing mysterious about the $1.10 call or the $1.00 call. We had a flat area both Mon and Fri...both had the same low at 1.10. SIRC traders don't like flat areas and sure enough they took it out. The $1.00 call was simply looking at the psychological number of 1 and also seeing that is where the daily all important 50 day EMA is and ALSO the 10 bar Weekly EMA is sitting at 1.03. So no rocket science there...Just a confluence of 2 EMA's and the number 1.
There is now an intra-day flat (shelf, ledge...whatever you wanna call it) sitting at 1.02. They need to take that out!!! ie...take price below it for a stab...
The good news is there is also an intra-day flat (shelf, ledge...whatever you wanna call it) sitting at 1.15. They need to take that out!!! ie...take price above it and hopefully for more than a stab...
For those that have the bla's about SIRC just look at SOL or SUNW or BLNK or SPWR....they all have the bla's today... Hello...IT's TRADING...some times we are gonna be up...sometimes down and sometimes just kicking around like we are now...
Just do other things and don't sit around and watching SIRC all day if you are a long term holder like I am...We have a great company and they are just starting to rev up the revenue/earning machine...
Bullish long term!!
JMO...anything could happen!!
Good Morning ErnieDog...lol...wish I could predict $2.00 this week!! One thing that is interesting that Mercutos hinted at is we could get a mention from somewhere/someone out of the blue at some point and SIRC turns into a rocket ship... May not happen this week but it certainly could happen with SIRC!!
Hello Mercutos! Hmmm...for me I wouldn't call that a bull flag...but patterns are not an exact science and can definitely see how you got there. For me would like to see a bull flag form in a more defined uptrend and not on the first little leg up. Also would like to see more days involved. But like you said it may be just forming.
One thing for sure looking at it is we are going to go down and take out today's and yesterday's low at 1.10. This stock does not like to leave daily flat areas untouched. The 1.10 price will be penetrated and hopefully pop right back up again. However we could easily test $1.00 again.
I'm not worried...luv the Weekly inside bar that formed last week that I mentioned this morning and bet after a little time kicking around our current levels we emerge nicely into a new uptrend...
Will point out a little something more in tomorrow morning's observation...
Hi Liberty777...yep...I am confident we will build a messy base here...possibly even another weekly inside bar....but ultimately push up out of this area. The waiting is so tough!! Especially after the quick action we initially had. I know you and me and many others here own a lot of shares and believe the wait will be so worth it...
JMO...anything could happen!!
Important Weekly Inside Bar
Inside bars can be telling when they come after a long trend. We had an inside weekly bar occur at the end of the up trend going up to $3.00. Now I believe we have an important weekly inside bar at the end of down trend going down to .60.
Expecting a gradual uptrend to emerge...
JMO...anything could happen!
If we take out 1.11, (important intra-day support)...which I expect we will, we can expect to see 1.04-1.01 area. No big deal...
We are going to have an inside WEEKLY bar on the chart after the close today. After the long trend down and now getting an inside week...just building a platform to go higher from here...
JMO...anything could happen!
Looks like the open is not going to be a huge gap...that is GREAT news from a charting perspective. (You don't want some ginormous gap and then spend the rest of the day sliding back down.) Hopefully we open with a small gap and never look back. Will see...
No matter what happens today in reaction to the news this is a GOOOD day for SIRC!! Opens the door to so many things!!
We bounced right off the 20 day EMA... Could easily see the 1.13-1.10 area still today. All normal price action that I see...As I said in my previous post everyday is not going to be up...
Nothing big to add this morning...would be nice to clear both the 20 and 10 EMA...We shouldn't expect everyday to be up as we move higher but the premarket in other green stocks looks decent....Will see.
Hmmm...no gaps at those prices on SIRC but like the enthusiasm!
Yeah!!! Fill dem gaps in boys at 1.80 and 2.07...yeah!!!
I sincerely hope you are right and we get up to those price levels soon....
Another tiny gap up opening...three days in a row so far! Can it stay open is the question...?
SIRC go go go!!!
Hi Mercutos! Heck yes I anticipate a gap up on the audit news! My guess is that gap will turn into a 'breakaway gap'...a gap that never gets filled!!
The gaps at 2/2 and 2/3 got filled....these ones by definition are no longer possible breakaway gaps. The one little breakaway gap remaining between the close of 1/29 and the low of 2/1 that I noted on the chart still remains open and hopefully will stay that way. In order to fill it, price would have to go down to .56 ....let's hope that never happens!!
Daily Chart Observations...
Wow! Where did all you new people to the board come from?? It's like you all arrived here at once over the weekend...really cool!! What a great time to jump on!
Here are some chart observations I typically put out each morning (but not always if nothing really new has occurred) if you are interested. As I say to cover my butt...these are just my opinions (from years of professionally and not so professionally looking at charts). Like everyone here I am very much still learning as the markets are extremely humbling. Anything could happen... You will find I use but a few indicators and my charts are not lit up like a Christmas tree like you see on many trader's charts...I mainly use price action and some patterns etc...just depends what I am seeing and what may be best suited...
I am long from .10 just before we really got moving back in Dec and am in SIRC for the long haul and have not picked a definitive price target...playing it week by week.
Edit...one more thing I wanted to add...would not be surprised if we see a test of (brief fall back to) the 50 day EMA that we crossed up through yesterday at .99. Maybe today...maybe tomorrow...not sure....
Like I said last night...have been traveling. Of course SIRC had a great day today along with most other Green Stocks... Tomorrow morning will put up a daily chart with observations and also pull out fib projections for long term price targets.....
Have a good night!
Hi Gang...will be traveling next 16 hours...won't be commenting other than we may be back and filling tomorrow. Up against the 50 EMA so may back off a bit. News would change all that... Looking to fill in the 1.07 gap soon...Good night!