Progress.. For the first time in almost a year,
Post# of 1023
Posted On: 05/02/2016 11:32:22 AM
Progress..
For the first time in almost a year, the 50MA and 200MA are now only .0039 apart. Not only this, but the last time they were .0039 apart, they were headed in the wrong direction. But now if you look at the chart, you can clearly see they are approaching each other. Obviously this isn't to say they will never grow further apart, but as of this moment, an undeniable fact is that for the first time in almost a year, the MA lines are only .0039 apart.
Even better... for the first time since February 2014, the MA lines are .0039 apart and growing closer. And by looking at the chart, the last time this occurred, the price jumped from .02 to .10 cents in one month. With momentum seeming to build, the 10K showing slight sales, DD pointing towards sales, and the upcoming 10Q, its possible we could have another .04 to .08 cent jump in the coming months. It all depends on investor sentiment and if they believe it is worth investing in SCIE. For myself, I'm going nowhere until I sell my entire position at my already set limit order.
In addition, if you want to get technical..
we have been at a higher low since February 18, 2016.This is something long investors can appreciate by focusing on the bigger picture instead of daily candlestick colors. So, regardless of the run up to .0092 and the drop down to .002, it is a fact that we remain at a higher low.
Yes, we don't have the ichimoku cloud support right now and we fell below the 50MA line support, but again, looking at the chart, we hit above the 50MA today, and zooming out to a one year view on the chart, we see a clear and slight uptrend in price ever since April 26, 2016. Right now, personally, I'm focused on getting to a Golden Cross. Will it happen? Cant say for sure. Again, the timing is uncanny for the release of the upcoming 10Q and the chart setting itself up for a Golden Cross. If we can get back into the green cloud by the end of this or next week, it may be possible.
Time will tell. I believe there are many investors waiting on the sidelines for .10, .25, and .50 cents to hit prior to jumping in. Remember, years ago, investors were excited about their purchases of 5,000 shares at .40 cents. If it happened back then when distribution wasn't even set up, think about what will happen when we get a PR stating sales and distribution being complete.
For the first time in almost a year, the 50MA and 200MA are now only .0039 apart. Not only this, but the last time they were .0039 apart, they were headed in the wrong direction. But now if you look at the chart, you can clearly see they are approaching each other. Obviously this isn't to say they will never grow further apart, but as of this moment, an undeniable fact is that for the first time in almost a year, the MA lines are only .0039 apart.
Even better... for the first time since February 2014, the MA lines are .0039 apart and growing closer. And by looking at the chart, the last time this occurred, the price jumped from .02 to .10 cents in one month. With momentum seeming to build, the 10K showing slight sales, DD pointing towards sales, and the upcoming 10Q, its possible we could have another .04 to .08 cent jump in the coming months. It all depends on investor sentiment and if they believe it is worth investing in SCIE. For myself, I'm going nowhere until I sell my entire position at my already set limit order.
In addition, if you want to get technical..
we have been at a higher low since February 18, 2016.This is something long investors can appreciate by focusing on the bigger picture instead of daily candlestick colors. So, regardless of the run up to .0092 and the drop down to .002, it is a fact that we remain at a higher low.
Yes, we don't have the ichimoku cloud support right now and we fell below the 50MA line support, but again, looking at the chart, we hit above the 50MA today, and zooming out to a one year view on the chart, we see a clear and slight uptrend in price ever since April 26, 2016. Right now, personally, I'm focused on getting to a Golden Cross. Will it happen? Cant say for sure. Again, the timing is uncanny for the release of the upcoming 10Q and the chart setting itself up for a Golden Cross. If we can get back into the green cloud by the end of this or next week, it may be possible.
Time will tell. I believe there are many investors waiting on the sidelines for .10, .25, and .50 cents to hit prior to jumping in. Remember, years ago, investors were excited about their purchases of 5,000 shares at .40 cents. If it happened back then when distribution wasn't even set up, think about what will happen when we get a PR stating sales and distribution being complete.
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(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.
http://investorshangout.com/Joeys-Investment-Board-91611/
Invite Only
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.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
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