This thread is only for people who wish to add serious...

This thread is only for people who wish to add serious fundamental and technical discussion about SOR. Whether you think the stock is going up or down it doesn't matter. So long as what you say can be backed up by facts. Not random comments that the stock is going to $10.00 or back to 5c !!!! Whoever doesn't want to do this please just continue to abuse each other on all the other threads for SOR.

From a technical perspective, I've been following the hourly price bars very closely since the 8th April. Trying to look for anything high probability that suggests a low could be locking in. Sellers are clearly still in control, yet on the hourly price chart, price action has now completely congested and squeezed itself into having to make a decision on its next move very very soon - whether that be up or down. Never any guarantees yet from what I can see, if 33.5c can hold strong from here, then we could witness the start of another spike north very soon - even before we close out the session today. The initial 1-hour spike will target 40c quickly. Then up towards 42c as follow-through before the week is out. Then we reassess again. It's essential 33.5c holds though otherwise the outlook will remain weak unfortunately. We will know soon enough. E.