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Re: TRADEdeez post# 13183

Wednesday, 11/02/2016 10:48:12 AM

Wednesday, November 02, 2016 10:48:12 AM

Post# of 33030
No idea, but this sounds about right/BTCS=oversold:Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings. The 14-day RSI for Bitcoin Shop Inc. (BTCS) is currently at 20.68, the 7-day stands at 34.35, and the 3-day is sitting at 61.45.

The CEO refuses to put out any PR's/News until he has something big to report, said he doesn't want to spend the money on PR's or imply he's trying to influence the stock price -- guess it's good in that he's very diligent SEC compliant, no "safe harbor" i.e. wishful thinking PR's, but frustrating for investors who have sat here, and sat here, @this price.
But when news does hit it will likely be big but don't invest by MO!
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