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Re: Honeycomb777 post# 9192

Monday, 06/23/2014 11:54:42 AM

Monday, June 23, 2014 11:54:42 AM

Post# of 140475
Critical level here. Do we keep pushing through and venture to new highs this week, or do shorts and traders pile on and drive us back down.

I can't imagine there is one out there, but a new PR would do wonders here. I know we had a couple recently, but it would be nice to at worst build a new base around here. I think a PR would help solidify this recent leg up. If not, you can bet your arse the shorts, etc are going to try and trade this thing down. Especially with an RSI above 80 now.

As we move forward though, CUIN2's point about traditional technical analysis is right on. There will be too much going on. RSI will be irrelevant as we get closer and continue to make progress and hit our milestones.

IMO