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Re: $Pistol Pete$ post# 35707

Tuesday, 02/02/2016 6:31:35 PM

Tuesday, February 02, 2016 6:31:35 PM

Post# of 56628
Great Chart! Thank you Pete! Looks like we've got some capitulation today.
Now RSI reset back to 30. Some traders love when it happens. Plenty of room to go up. BBs indicate Grossly Oversold and Wm%R also is at strong buy. For the past year every time we've got the long red candlestick, the next day the stock went up.

Come to think about it - there were no bad news. What we have is an irritation about another delay. Some small holders through in the towel. I don't blame them.

We'll see what will happen tomorrow.