Rise Up, Traders!
With the market FINALLY regaining its nerve, a lot of charts now look tempting -- Entertainment Arts Research Inc. (EARI), front and center!
EARI spent last month building a nice coiled channel between $0.04 and $0.06, which is enough day-to-day volatility to interest us right there.
A move from the center to the channel ceiling, for instance, could open up 20% without bending historical resistance one BIT!
And if EARI actually BREAKS OUT of its channel, you can see the massive upside that the correction opened up on the chart:

There you see the channel and the pre-correction levels EARI was nudging around before the markets sold off: looks like the floor STARTED at $0.075!
Meanwhile I can’t help but notice that the MACD has kept edging higher over the last month, even though the price action has ground its gears.
That’s a classic “coiling screw,” trickling energy into EARI’s ultimate fuel tank and setting things up for a divergent breakout move down the road.
Maybe we get that move today, maybe not. I for one am willing to flip a few nickels in pursuit of a thrill!
The Commander’s Bullet Points on EARI
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Revenue is minimal right now but it’s positive. And besides, EARI pays key accounts in STOCK instead of cash, so at least the burn rate is lower that way. Whatever happens, you’re on the ground floor here!
Bottom Line: I’m not a Silicon Valley egghead so I can’t evaluate EARI’s strategic plans for all its acquisitions. I just know a hot chart when I see it!
Maybe those who start playing with EARI in the here and now get exposure to a huge dot-com growth curve, starting from the ground floor here & now.
For us, it looks like the post-correction “floor” has been trending around $0.04 while the recent “ceiling is well up from that lowly base.
EARI spend all of last month building that base. What do they say? “The longer the base, the higher in space” a stock can go when it blasts off?
Yeah, that’s it! And since this rocket hasn’t lit up yet, I’m pleased to get it in front of you today! There’s that opening bell! Let’s ROLL!
Happy, Happy, Happy Trading!
~ Stock Commander
yourstockcommander@gmail.com