Clay does not take the RSI into account when he does these video charts. I have seen him say a stock is going up with an RSI of 85 (clearly overbought) only to be destroyed the next day. As a result, his analysis is flawed most of the time. And he does not take into account news.
BTW. The RSI here is 21.72. Grossly oversold. And the buys at the end of the day on Friday were massive. See ya at .06 plus tomorrow. The "preliminary" 14A filing has already been plowed and digested by the market.
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