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Re: None

Wednesday, 02/28/2018 1:03:58 PM

Wednesday, February 28, 2018 1:03:58 PM

Post# of 13668
Chart was overheated. Harvey is not going to sell his company to a local bed and breakfast. He rejected previous financing, so to think he is just going to sell his technology to Barry and Barbara's Bed and Breakfast so he can sleep in the maintenance shed and make oil out of tires out back is preposterous. Let the filings come out.

As for the chart, the 1yr daily candlestick is above the 20MA, or middle bollinger band, far above it. We shed a couple of shares off the accumulation, but that could easily be a few traders who loaded early, saw an overcooked chart, then sold into the first filing they could in which they knew fellow holders could sense ambiguity in. The RSI just went from an overbought 85(RSI-14) down to 53(RSI-14), leaving us with plenty of room to move back up. So far, the bullish trend is still intact.

See the chart here with a few simple indicators. This is an easy read for beginning chartists as well: https://www.tradingview.com/x/Rr7MRgcU/