Where no investor has gone before (at least not re
Post# of 1023
We're heading into new territory today. Today marks the first time the PPS has been above a green filled ichimoku cloud since April 9, 2015; almost exactly one year ago to the day.
Also of note; yesterdays close marked some other interesting points. The two previous closes were logged as a green and blue elder bar respectively; which is great.
Seeing we still have support from the ichimoku cloud all the way down to .0016 (notice the support has increased from .0007 in march), I believe any drop in price will be supported by the cloud, and with the release of a 10Q/PR upon us, I'm personally not worried about any major dip in price as it will more than likely correct itself.
April 20th is still a date I'm looking forward to. Support from the cloud increases even further to .0045 and I'm interested to see how the price reacts to it. It's my belief we will receive a PR prior to May 16th, but that's just a guess. Seeing the support has been increased to .0045 by this date, any PR (if its impressive enough) may be the catalyst which helps support the price above .0045.
SCIE's chart is a perfect example of how red days can assist in creating a healthy chart. Notice that, although there were 7 consecutive red days recently, the 50MA continually climbed up and crossed the 100MA.
Remember, I use 50MA, 100MA, and 200MA
The distance between the 200MA and 50MA continues to get smaller and smaller. A few days ago, they were separated by .0061. As of this post, they are separated by only .0058. Once these cross, we will have a Golden Cross setup which not only indicates a bull market for SCIE, but is a strong indicator of a Long-term bull market.
As of this post, I am extremely pleased with this chart.
SpectraSCIENCE Inc. (SCIE) Stock Research Links
http://investorshangout.com/Joeys-Investment-Board-91611/
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