If the conference call was not around the corner, I would say that the equity is getting ready for a potential run.  The problem is that I do not think that the conference call will give us anything to get terribly excited about and in fact may be more of a downer than an upper.  If I am wrong about the call, this equity can make a run of between 3% and 10% in the near term.  If I am right about the call, the equity may test the low $3.s once again.  If I had to make a bet, I would bet that the call will not be enough to support a technical move up and will set the stage for tougher resistance.

The stage is set, and the paragraph above is about all there is to say at this point.  Charts below:


4-22 siri volume

Support and Resistance

4-22 siri sr

Exponential Moving Average

4-22 siri ema