Great Basin Scientific Inc. (fka GBSNQ)

[Sgreg]

Yes, in the post I made last Wednesday I was trying to explain that the chart could still be used. There was somewhat of a thought that the chart could not be used because of such extreme dilution. I thought it still could be used but skewed to the extreme because of the situation.

Technically ADX at 30 is considered high or a pretty strong trend. What I had concluded was because of the extreme situation, that to use indicators, one would need to skew them to the extreme. The RSI was already there at the time at 10. I had concluded that because of the extreme situation the chart would need to get to the extreme. With the RSI already at an extreme, I thought the ADX would need to get to the extreme as well and is why I said 60.