RJD Green Inc (RJDG)

[rich pearl]

i've got this in my 'sleepers' drawer. to me, when i take a position in a stock i do not use the word long as a verb. for me, it's an adjective that qualifies the noun time. that said, here's the 2 month daily chart with more than a few indicators. i'd like to know where the technicals are that you find so encouraging?

is it in the southbound rsi's? the heading towards oversold williams and stos? the downward divergence of the momentum indicators, ppo and macd? the cci? or is it the flat accumulation indicators?

hey! i like the potential of this play. i think its undervalued and i'm expecting to make coin, but the 5ma is running below the 10ma, and the 20ma has death crossed the 50ma, as has the 50ma when it moved below the 200ma. call me illusionary but what i see here is a range locked stock, trading just enough volume to tread its water, but not enough to move it.

stating just for myself, i'm in wait mode. of course, if you can cue me in on the coming move i'd gladly consider the merits of adding on.

the whole pink and penny market is looking ugly. but what do i know?

best of trading to ALL

rich