OTCPK:SPLID - Post by User
Comment by
old_dogon Feb 20, 2021 12:23pm
268 Views
Post# 32618844
RE:MACD cross next week?
RE:MACD cross next week?Big_C wrote: I was looking at my charts on TD and I believe we are on the verge of the 50 day crossing over the 200 day moving average.
Likely with their expected news release on Monday (according to their last release) it should happen then.
If I am wrong can someone correct me? I'm learning to read charts better and this is one thing that I came across.
Been holding since 2016 and just excited to maybe be positive after averaging down... waaaay down!
THANKS ALL
We crossed that in Mid January. I've included the Bar chart info and the chart from Stockwatch. It is apparent that the momentum is growing for the stock. The volume excedes my expectations every day. The accumulation is consistant and doesn't seem to be waning. Hopefully the company will release the info on Monday. Based on the chart it would appear that we have a nice suacer formation coming along but I tend to think the saucer wil show a stronger buying cycle than the sell cycle. The sell cycle was a hard luck and hard ight for the longs (Oh don't I know that..sshhhhh!!), that lft a lot of longs time to get loaded up with cheaper shares to lower their cost. That being said these folks are seeking to get a greater return for the time they held the stock. Myself being one of those people. Sitting with over 2.5 million shares while th risk is little at these prices the reward will be significant when it starts turning into 3 -5 cent weeks as it goes up. Give the company a quarter from this reporting and I'm more than confident that it will be well past 20 cents. I'm not going to use that "it's headed for a $1.00 hold your hats" line because it just simply isn't true YET. But as the copany rolls along towards better days the price will rise quite a bit. So give it some time...and become a INVESTOR not a day trader. It will pay off!!!!!!!
old_dog
Overall Average:
72% BUY Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.
Barchart Opinion
INDICATOR
-
-
-
