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Re: berta post# 3388

Wednesday, 05/24/2017 9:10:12 PM

Wednesday, May 24, 2017 9:10:12 PM

Post# of 6604
The only chart I can look at now is the RSI 14 and see that the number of days between low points (15.71 and 20.42), before break upward (in March) was 14 days. This current span is now 12 days(18.29 and 19.40). What seemed to be the catalyst for the break upward that time was the Fitz-gerald article.
He has made one since but it was not encouraging, so it didn't help.
I can't really see how anything he may release could cause an upward spike. I have no idea where the catalyst could come from but we are primed for a big move. It seems like when stocks are oversold as bad as this, sometimes it happens just because it is oversold and sheer momentum moves it once it turns.
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