Great day today. We hit resistance at .0024 and cl
Post# of 1023
Posted On: 03/02/2016 4:28:01 PM
Great day today. We hit resistance at .0024 and closed just below it. From the chart, we see we closed in the lower portion of the candle rather than near the high price of the day which means more than likely we will begin to experience a healthy pull back for the next several days.
This is exactly what I wanted, and expected, to see. RSI is at 71.64, the Ichimoku Cloud has turned green, just as predicted in a previous post. We're well above the Bollinger Bands which have begun to split apart nicely (showing increased volatility). More than likely the BB's will end back up on top of the price as we come down from this high and settle around .001 - .002.
Note
Although it may sound like I don't want SCIE to run, its actually the opposite. Unlike countless other stocks out there which have runs based on nothing more than a whim and then crash into despair, I want SCIE to have a perfectly lined up chart prior to our run. If the chart can line up as perfectly as I'm hoping it does, when the 10-K comes out (and hopefully shows what I expect it to show), I don't see any reason why we can't hit a penny by the beginning of April. And so far, I'm extremely happy with the charts and the fundamentals of the company.
Again, who knows, SCIE could skyrocket to .10 tomorrow for all we know; nothing is certain. But I'm placing my belief that it wont go much higher than .0024 tomorrow. Time will tell.
Note 2
In the end, all that really matters right now for me is the Leading Span A of the Ichimoku Cloud (the green line). As stated in a previous post, it doesn't matter right now how low or high we go; as long as the PPS bounces off of the green line in the cloud. By doing so, it means there is a better indication of a trend change and that investors are unwilling to let it dip below it. (Read previous post for more info).
This is exactly what I wanted, and expected, to see. RSI is at 71.64, the Ichimoku Cloud has turned green, just as predicted in a previous post. We're well above the Bollinger Bands which have begun to split apart nicely (showing increased volatility). More than likely the BB's will end back up on top of the price as we come down from this high and settle around .001 - .002.
Note
Although it may sound like I don't want SCIE to run, its actually the opposite. Unlike countless other stocks out there which have runs based on nothing more than a whim and then crash into despair, I want SCIE to have a perfectly lined up chart prior to our run. If the chart can line up as perfectly as I'm hoping it does, when the 10-K comes out (and hopefully shows what I expect it to show), I don't see any reason why we can't hit a penny by the beginning of April. And so far, I'm extremely happy with the charts and the fundamentals of the company.
Again, who knows, SCIE could skyrocket to .10 tomorrow for all we know; nothing is certain. But I'm placing my belief that it wont go much higher than .0024 tomorrow. Time will tell.
Note 2
In the end, all that really matters right now for me is the Leading Span A of the Ichimoku Cloud (the green line). As stated in a previous post, it doesn't matter right now how low or high we go; as long as the PPS bounces off of the green line in the cloud. By doing so, it means there is a better indication of a trend change and that investors are unwilling to let it dip below it. (Read previous post for more info).
(1)
(0)SpectraSCIENCE Inc. (SCIE) Stock Research Links
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.