Medical Cannabis Payment Solutions (REFG)

[georgie18]

Well the chart is a matter of ones perspective...The Chart is Bearish as they come which of course makes it a great buy for bottom prices...if we have found the bottom again...although hitting 01/013 range is a very real possibility...as the lower bollie gets pushed south which more times then not prepares us for a move up as she bounces between the upper bollie pushing it north stretching out the amount of space the pps has to move...If one follows the volume charts you will see that REFG will in most cases not go past 4 red days in a row...if it does this time then it is certainly finding a new bottom...

Now for the obvious Bearish indicators...Psar flipped to a Bearish Sell position...Williams is Oversold...Accumulation is bottoming out...Chaikin Money Flow shows that the selling pressure far outweighs the buying pressure in October...again these Bearish signals are pointing towards a bottom reversal...The key is when vndm will stop selling...

For complete transparency I am a buyer under .02...