Solar Energy Initiatives Inc (SNRY)

[assortednuggets]

The daily chart has fallen apart.... Bearish crossover on macd as well as rsi crossing to lower channel...we still have a chance to post a higher low here on daily and keep it in tact, however weekly is still quite over bought and we likely consolidate further. I own no shares at this point but will be watching with a keen eye. I'm ok buying at higher prices if the news we hope comes....comes. For me getting in at .0001 it was a no brainer to unload....there was no way I was going to watch 100x+ gains disappear...

I am still hopeful, but after this being the six or seventh week of "we're waiting to hear from my attorney, the chancellor, the new chancellor" etc I'm putting that cash to work in other ventures and if/when news hits I'll jump in at higher prices cause as we know "synergy plays have great companies lines up" and it will run hard.....IF the news comes.

Lets see how this plays out over the coming weeks. I predict ups and downs but, generally to the downside without news


GLTA