Wednesday, November 29, 2017 12:25:35 PM
INTV has rallied 60% - 70% since the 60 min indicators showed signs of resetting.
I agree with you nwsun, it's uncommon for the RSI on the daily to continue momentum from RSI 92 to RSI 99. But it does happen. I can name at least 6 OTC stocks which have done that in the last 10 years. Nevertheless, it would be much healthier if $INTV did consolidate sideways for a day or two or three. Perhaps, do a double-top at $1 short term, pullback to .60, then rally up to $4 - $5 range in the next two weeks. We'll see. INTV is an exciting tock to follow and chart.
I agree with you nwsun, it's uncommon for the RSI on the daily to continue momentum from RSI 92 to RSI 99. But it does happen. I can name at least 6 OTC stocks which have done that in the last 10 years. Nevertheless, it would be much healthier if $INTV did consolidate sideways for a day or two or three. Perhaps, do a double-top at $1 short term, pullback to .60, then rally up to $4 - $5 range in the next two weeks. We'll see. INTV is an exciting tock to follow and chart.
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