$SIRG Looking good today. Nice increase in volume with L2 thinning once again. There are a lot of strong hands here buying and holding what those wanting out are ready to sell at a discount. This trend should continue for a bit while bid support hangs just lower than the ask until those that are impatient and/or need to flip fill the bid and thin the ask for an easier climb. I've been grabbing shares since the double-zeroes and have purchased most of my holdings in the middle triples. I have no inkling of a thought of selling down here; just adding.
The chart is looking better now as well. The MACD just crossed a flash ago, the RSI is sitting at 50, we just crossed back over the middle bollinger band, and the both the upper bollinger band and 50MA are just a few ticks overhead, leaving little to nothing in the way until the pivot at .0016 with a pretty clear break to R1 at .0026 after that. The accumulation line is showing a strong uptrend, thereby backing up the thinning of the ask and the fortification of bid support where strong hands are buying and holding for fundamental catalysts. The CMF indicator is showing a ton of green overall and nothing but green as of late. All in all, this is setting up very nicely.
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Do your own DD. Assume everyone here is either an amateur trader/investor or a paid interest such as a compensated pumper/basher. My posts are strictly for entertainment purposes. I am not on Wall St., do not work for a group, and only get paid when my personal investments materialize. I am only responsible for my own gains and losses; no one is to blame for my mistakes or for any advice taken from postings; likewise, I am not to blame for any advice you take of mine, regardless of gains or losses from doing so. Good luck to all; may you live long and prosper greatly.
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