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Re: packerfan9 post# 5736

Wednesday, 01/02/2019 1:21:45 PM

Wednesday, January 02, 2019 1:21:45 PM

Post# of 6606
I used up the last of my funds a while ago at the 1.80 dips and then the 1.50 dip. I didn't expect it to drop this far. Once it broke below $1.50, I was looking for a bottom and retest at 1.24...That was the low back in Feb. along with the oversold condition. Just could not take advantage of it. I think we will hang out near 1.40 a bit before moving to $1.50 unless news comes out.
I think you did well to grab some on Monday. Remember what I said about watching the RSI-14 chart, always get ready to grab some below 30, it has always rewarded me when I did. You have to be patient afterward somteimes but it has worked well. Also, the more gradual the move upward from the RSI-14 low the more sustainable the gains are. If there is a spike on little or no news, be ready to pull some out.

I would be very encouraged if we held 1.40+ through the close today
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