$SIRG Looking good today. Nice increase in volum
Post# of 4018
Posted On: 10/30/2015 4:46:07 PM
$SIRG Looking good today. Nice increase in volume with L2 thinning once again. There are a lot of strong hands here buying and holding what those wanting out are ready to sell at a discount. This trend should continue for a bit while bid support hangs just lower than the ask until those that are impatient and/or need to flip fill the bid and thin the ask for an easier climb. I've been grabbing shares since the double-zeroes and have purchased most of my holdings in the middle triples. I have no inkling of a thought of selling down here; just adding.
The chart is looking better now as well. The MACD just crossed a flash ago, the RSI is sitting at 50, we just crossed back over the middle bollinger band, and the both the upper bollinger band and 50MA are just a few ticks overhead, leaving little to nothing in the way until the pivot at .0016 with a pretty clear break to R1 at .0026 after that. The accumulation line is showing a strong uptrend, thereby backing up the thinning of the ask and the fortification of bid support where strong hands are buying and holding for fundamental catalysts. The CMF indicator is showing a ton of green overall and nothing but green as of late. All in all, this is setting up very nicely.
The chart is looking better now as well. The MACD just crossed a flash ago, the RSI is sitting at 50, we just crossed back over the middle bollinger band, and the both the upper bollinger band and 50MA are just a few ticks overhead, leaving little to nothing in the way until the pivot at .0016 with a pretty clear break to R1 at .0026 after that. The accumulation line is showing a strong uptrend, thereby backing up the thinning of the ask and the fortification of bid support where strong hands are buying and holding for fundamental catalysts. The CMF indicator is showing a ton of green overall and nothing but green as of late. All in all, this is setting up very nicely.
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