Nutra Pharma Corp (NPHC)

[daiello]

The buyers are loading at lower and lower prices. First they were churning 5s, then mid 4s, then low 4s, then high 3s, now low 3s. All along you can see the ask building despite all these "buyers".

All we have seen the past month is selling pressure resulting in lower highs. January the company kept shareholders in the loop weekly, now it's silent. In the OTC, silence usually isn't a sign of "huge" things to come, especially after all the PRs last month. Love to be proven wrong, but holding and hoping as it slowly drops isn't a trading strategy.

Only reason I'm still holding is, we've been down here a few times and have bounced back, A/D & OBV line continues to stay near highs, and RSI is under 50, but these slow bleeds have a way of messing with the calculation of indicators.