OTCPK:SPLID - Post by User
Comment by
old_dogon Feb 07, 2021 6:31pm
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Post# 32497158
RE:RE:RE:RE:Weekend Read ;)
RE:RE:RE:RE:Weekend Read ;)It might hit 3 then 5. Stocks priced this low generally get heavy consolidation at lower levels. Once the selling stops at these levels people are looking for the ride free ticket so the stock generally runs to a double based against the previous base of heany buying.....so the RSI drops from over bought to over sold....2....to...4.......4.....down to 3........3 back up to 5......and so it goes...Financials on Feb 22nd should tell a better story. If the markets see that the company has gained more head way in profitability then we should see 7 to 8 cents.....
Right now the buying volume is increasing I don't care about the cloud of shares for sale because I know what it is. What I do want to see is daily volume in the 8-12 million range.....out of the last 6 trading sessions we have exceded those numbers 4 times. Indication of the 30 day Moving average and 90 day moving average are fantastic...30 over the 90....daily price is over the 30.....bollinger bands are showing it wants to jump up....RSI is under 75 ...so it all looks good. The market is sending the message...it's saying BUY ME....
old_dog