Chart is looking great See image below Link if
Post# of 1023
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Despite some people thinking a pullback is 'bad', its actually the opposite. Go look at AAPL (that's Apple). Is their chart completely filled with green days? Of course not. AAPL is filled with red days. And why is this? Because like I said, in order for a run to occur, red days are a necessity. Reading SCIE's chart is like using a coloring book. It's simple. We had a dramatic increase in PPS during the last several days, but it wasn't due to news. The only response to this is for a pullback to occur.
Notice the chart above.
Red arrow: RSI is calming down. We don't want the RSI at 70 when the 10-K comes out.
Blue arrow: See how we're still inside the ichimoku cloud? We could drop to .001 and id still be happy. Why? Because charts are about trends. Create a strong trend and the price will go up. Yes, we'll have red days, but ultimately it will go up.
Green arrow: Look at that! What a surprise. Actually its not. Go back several days to one of my old posts and I specifically said the cloud will turn green. How did I know this? TREND!
Brown arrow: %R. It was too high for the past few days. We needed a slight pullback in order to lower it. Its still to high in my book.
Again, look at AAPL. For 2012 - 2013 year they were in an utter downfall. People whined and complained, "Woe is me, its all over!" But now look at it. They hit $130 and are now once again in an upward trend. Maybe people don't fully read my posts and only take from it what they want; which is fine. But I clearly stated numerous times that in order for SCIE to have a powerful run, and when I say powerful, I mean up to .05 or higher, the chart is the number one thing that needs to be lined up perfectly. We need the 10-K to show sales, but if the chart is in an overbought position, we're not going to be as well off. That's why we have about 27 days until the 10-K. We need this time to create a healthy chart.
Investing is everyone's own personal decision. I have said, again, countless times, do you own DD. Don't take what I say as fact. What is write is how I see it.
Remember an old post of mine where I clearly said the majority of investors think 'red is bad' and 'green is good'? This is what is happening once again. Some people cant see the big picture. You need to zoom out of the daily chart and look at the 5 year chart to get a better idea of where we're going. Today is a drop in the bucket compared to the past 5 years. In fact the next 10 weeks are going to be less than an inch on a 5 year chart.
Drop the mic. Walk away (walk walk walk)
Good luck to everyone.
SpectraSCIENCE Inc. (SCIE) Stock Research Links
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