Solar Integrated Roofing Corp (SIRC)

[TripTrap]

Could not agree with you more!!

"with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk"

We all are well aware that what we are doing here in SIRC is risky. Statements like the above however make me laugh. Stocks, currencies, commodities can be overbought for weeks and weeks according to BB bands, RSI, Stochastics etc. etc.. In fact I have seen systems set up with some success where you only buy when the BB bands tell you it's overbought.

I put a lot more value in price action and patterns than indicators. (I do look at some indicators however to confirm price action)

We just so happen to have a nice bullish flag pattern working right now on the daily chart. Let's see if this week we get a breakout above the top line of the flag that can be seen here in Post #10746.