US Stem Cell Inc (USRM)

[NoMoDo]

There is a possibility that the sun won't come up either. Do you have anything to back up your "possibility"?

We started the day with many posters discussing the RSI. It is one of many indicators to keep an eye on. The main ones IMO are volume and either SMA or EMA. Then RSI. I also look at the keltner channel, but bollinger does about the same thing. I am not very familiar with the cloud that is posted here often, but I like the visual of that as well. One indicator among many means very little, but RSI regularly needs to be reset on such an uphill climb - if not daily (like often done here, then once every couple of days).

Ideally we would have had RSI at around 30-50 this morning in conjunction with all the other signals. That IMO would have pushed us over .18 at the end of day. Still, with such a positive move today, we could have expected consolidation either at the end of the day or first thing tomorrow. Consolidation builds a stronger foundation for a positive move. If you watch Claytrader, he discusses the stairstepping. It is crutial to a strong move up because it mentally builds a platform where investors can somewhat rely on as a new bottom.

Anyway, the RSI is now oversold while the other indicators suggest a very strong buy signal. That suggests a very positive day - stronger outlook than today looked at 8am. Those that are predicting ridiculously high gains tomorrow are likely correct.