Posted On: 01/13/2015 12:48:28 AM
Post# of 7769
Kenbe, it's always difficult to know when, even with the greatest technical analysis, a stock will push through its current resistance levels, but I expect we SCRC breaks through the .22 in a matter of days, possibly this week.
Buying pressure, accumulation indicators lead me to believe seeing it move through .22 in its way the the upper .20s with volume as extremely likely.
I am convinced the price/share performance, while it is improving, is still considerably undervalued, relative to the improving fundamentals of the company. The bottom line is, it's trading better and will continue to do so, IMHO.
Over the past six months, we needed to see it move through critical areas, like .113, .153, .169. The next key area is .219. I think will see that in a matter of days. Thanks.
Buying pressure, accumulation indicators lead me to believe seeing it move through .22 in its way the the upper .20s with volume as extremely likely.
I am convinced the price/share performance, while it is improving, is still considerably undervalued, relative to the improving fundamentals of the company. The bottom line is, it's trading better and will continue to do so, IMHO.
Over the past six months, we needed to see it move through critical areas, like .113, .153, .169. The next key area is .219. I think will see that in a matter of days. Thanks.
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