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Alias Born 05/12/2011

Re: None

Thursday, 01/11/2018 11:35:12 AM

Thursday, January 11, 2018 11:35:12 AM

Post# of 7743
If you are long and believe in this company, dont be discouraged with recent price action. Since the pop on monday, the RSI has been extrememly high (over 70), indicating overbought conditionns. Rarely do we see stocks stay overbought for long periods of time. Recent price action has brought down RSI considerably, which indicates weaker hands getting washed out and a stronger base being formed. I anticipate another leg up in this stock over $2 once the RSI has been settled to more normal levels (around 50, we are close!). This is a winner long term, dont let the day to day moves distract you from long term ownership in a solid company.