Progress progress progress... Anyone remember P
Post# of 1023
Anyone remember Post # 328? Go check it out.
You can see a screenshot of SCIE's chart before the 50 and 100MA crossed...and guess what happened a few weeks after that post? They crossed!
I believe the same thing will happen the 50 and 200MA shortly. As long as things remain the way they are, we'll be at a Golden Cross well before the end of the year.
Despite naysayers saying we're not making progress, looking at the current chart, progress is slapping us in the face. The red 100MA line is finally showing signs of creeping closer to the 200MA. Despite red days and slow days, the chart speaks for itself.
No, the chart doesn't decide how well the company is doing; the company decides how well the chart is doing.
The 50MA is acting as a textbook support line. We really cant ask for a better support right now. We dont have the ichimoku support right now, but this is why SCIE's chart is so strong. We had two support lines, and seeing we lost one for the moment, we have a backup. Not many pennystock charts can say they have this.
The run up to .0092 clearly shows people are willing to buy into this stock, and I am still a believer there are investors waiting for this to surpass .25+ cents before getting in.
There are other stocks I'm keeping an eye on that haven't had a MA cross over in years. I believe SCIE's chart is still healthy and correctly correlates to the amount of news and sales shown. I don't want to be at .05 right now. .25 cents is ridiculous as well. We're right where we should be. As soon as sales start popping up again, a penny will be a distant memory.
The crazy thing is, the 10Q is only about three weeks away!
Not investment advice. Go call your investment professional. Do not invest based on this or any post.
SpectraSCIENCE Inc. (SCIE) Stock Research Links
http://investorshangout.com/Joeys-Investment-Board-91611/
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