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Re: stopNgo post# 28893

Thursday, 02/14/2019 12:44:37 AM

Thursday, February 14, 2019 12:44:37 AM

Post# of 113465
NO MAGIC HERE. It retraced from an rsi of 100, way overbought, and bounced at under a quarter and the rsi 30, showing it was oversold again and people started buying...no magic, just numbers to explain why it is unlikely to retrace to its bottom again tomorrow though another retrace will likely happen again in the 8s when the rsi is back at 70, but with catalysts it will just keep going up as it did last week. As nothing has changed in the status of the company since last week, it will likely simply repeat this pattern until the next catalyst...I believe the harvest report will push it past the dollar.
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