American Green Inc (ERBB)

[d0lphint0m]

I have been in and out of this stock numerous times over the past few years and while I will say that nothing looks positive here, I will also say that it hardly ever did but that did not keep people from making money on this stock. I happen to stick to the charts and while I like to play trends, I have found in the last 8 years that there is seldom a positive trend in pinkville where dilution is the middle name of most companies. But.....
with ERBB there have been oversold rallies that have been quick and one had to be very nimble to take advantage of them. The chart below shows how....when buying when the weekly RSI was near 30 and selling when it was near 70 resulted in some profitable transactions....there were a couple of rallies that did not result in the weekly RSI getting up to 70 but they were good rallies just the same.
http://stockcharts.com/h-sc/ui?s=ERBB&p=W&yr=9&mn=11&dy=19&id=p56906545582&a=440681357&listNum=1