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Re: paperman post# 22376

Friday, 09/24/2021 8:34:28 AM

Friday, September 24, 2021 8:34:28 AM

Post# of 37835
Hi paperman...nothing real big to show so going to hold off on a chart for this moment. One thing I will say is that we had a very nice close after being down intra-day yesterday. The close of the day yesterday ended up being almost where it opened for the day forming what's known as a doji candlestick. This is interpreted as indecision and often happens at turning points. I don't know though in this case. If we take out yesterday's high then I believe we will easily go up and challenge the old near term high at 65 cents. If we don't go above yesterday's high then it looks like we could get more consolidation between 60-50 cents.

Will see...the main thing for me is that we are above the 250 EMA and the 42 cent gap from Sept 9th remains open. If those two things stay that way we are on our way to much much higher prices...it's just how exactly it does that remains to be seen...

JMO...anything could happen!

Go SIRC!

"It never was my thinking that made the big money for me. It always was the sitting. Got that? My sitting tight!" - Reminiscences of a Stock Operator -