Solar Integrated Roofing Corp (SIRC)

[TripTrap]

Yes BarefootCash I did...The reason is if you look at a Weekly chart, SIRC had an inside week last week. Meaning the low/high of last week fit inside of the low/high of the week before. Inside candles/bars often foreshadow a stock pausing or even reversing.

As I mentioned before a perfect example of this was on SIRC's daily chart of Monday, Jan 25th. That was an inside day and right after that price retreated for a week.

Notice another inside day that occurred on Jan 15th for SIRC that helped to reverse the short term downward trend just before we exploded back up again.


If we can just take out last Monday's high at .74 we would negate the inside week price action and be back to the races heading into new highs.

Inside bar patterns outcomes are not set in stone. Be sure to do your own research on them but I have found them very helpful in my trading/investing.

Hope that helps!