With Patent updated in China, US pending, and so many bullish events unfolding, this ticker appears ready for a massive breakout and run in the second half of 2016. With this spikes on the chart correlating with "Company bullish PR", or "internal factors" and the lows on the charts mostly coinciding with bearish "external factors", one would speculate a breakout...
With no pre-run, only lost 5% during bloodbath market. Fundamentals getting even stronger here- At some point this will break out- Likely Bounce tomorrow.
As long as the PPS starts trending over 3$ during the next week or so, the 50 will continue it's upward trajectory and crossover the 200. The 200 will continue downwards for the next month or so, unless the PPS really takes off and ends up in the 4$ range, at which time the 50 would steer sharply north and cross a plateauing 200.
Listen to the toxic chatter- up 1000%... Check the ER's- Check the Net profits- Check to make sure you are long here...
-Pending record ER- -Seeing increased toxic chatter- -All competitors are bathed in debt- -SCTY ER took 25% off- -VSLR ER took 10% off- -RUN no facing IPO lawsuits- -SUNW- Net profitable, Growing, Cash flow positive.
Nice move this AM- will be interesting going into Q1-ER mid May.
With ER next week, PPS moving up, Golden Cross potential. As the last 7 days falling off the 200, and the 50, push them even closer together. A spike on PPS from strong ER will push the 50 north even more.
Looks like a red weekly candle this week, as good news usually will wait till the early side of the week. Next week should be a solid green run into the week of ER, which depending on how big next week is and the quality of the ER, could either go crazy breaking the wedge, or consolidate further until Q2 ER mid July. This ticker has gotten more and more...
What I am seeing is the completion of a Elliot wave, 3rd impulse leg (blue), which makes the Entire Elliot wave the 1st impulse (Yellow) of a much larger wave. The Yellow wave should be a much stronger wave, and the 2nd and strongest impulse of that wave may also have mini Elliot waves built into it. The Q1 ER report should be yet another record breaker, showing...