Reversal_Edge
$SACH Reversal Setup Taking Shape 📈
The 3-month chart is showing a major improvement. SACH has broken out of its descending trendline, stabilized around $0.80–$0.82, and is now pushing toward $0.85–$0.86 resistance. The downtrend may finally be turning.
A couple of major catalysts ahead:
• Upcoming earnings 11/4 AM — opportunity for an update on operations and the merger.
• IRG merger — transaction values existing SACH common shares at $2.00/share‼️
• Management originally expected completion by year-end 2026. Merger proxy and pro forma details remain important outstanding developments ⏰
At roughly $0.83, that’s a substantial gap to the $2 transaction reference value if the deal closes 🚀
Three-month chart breakout, earnings approaching, and potentially significant merger news ahead.
News is coming. A big move could be coming with it. Holding my 250k shares strong 💪🏼
