Capstone Companies Inc (CAPC)

[Uranium]

Mike, not much to say from reading the candlestick patterns themselves recently IMO. It is obvious that CAPC is in an overall uptrend since about July 2015. The 200 day moving average (red line) is still in an uptrend though we closed below it today which has not happened since last September.

The RSI Relative Strength Index is getting down there where it may be indicating an "oversold" condition. Below 30 is by definition, oversold.

It will be nice to see us get back above and stay above the 200 DMA.

Noteworthy is the "marked" continued increase in volume beginning in August(post-split). Gotta have the volume! As volume increases, we can begin to have more confidence in what the charts are telling us, good or bad. Though the overall uptrend is clear.