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Wednesday, August 23, 2017 5:33:21 PM
I think our new floor is .17 and our current ceiling is .23. As others have said, we have started a period of consolidation, and will trade in this range until 1 of 2 things happen:
1) charts "cool" down, the RSI goes down to 35-40. This I think could take a month or so, the date I am looking at is September 14. That is, I would like to see how the charts look like by that date, if nothing major happens from here till that point.
Which brings me to
2) The company releases MAJOR news which make anything else irrelevant. Major catalysts are on the way, so this is not improbable at all.
*I KNOW ABSOLUTELY NOTHING OF CHARTS, AND AM BASING THIS OPINION ON HOW THE CONSOLIDATION STARTED ON AUGUST 18, AND HOW THE RSI HAS DROPPED SINCE THEN UNTIL NOW*
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