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The Whale

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The Whale

Re: None

Thursday, 01/19/2017 5:49:29 AM

Thursday, January 19, 2017 5:49:29 AM

Post# of 1808
What is wrong with this post???

ICNB is already way oversold with the RSI at very oversold levels of 54.60 is oversold. Tomorrow we should begin to run above again. Who would give up a .20 cent stocks shares at anything below silver coins? Only fools IMO. 

(1) An RSI of 54.60 is not OVERSOLD, but rather NEUTRAL. Only an RSI of 35 or below is OVERSOLD.

(2) ICNB is on a classic downtrend (aka "slowbleed") and will see subpenny today. ICNB has had nothing but red days for the last 7 trading sessions. ICNB is not headed to 20 cents when it can barely hold on to 1 cent.

Don't be fooled by inaccurate information.

The End

Sniffles :'(
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