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Re: hamvestor post# 47229

Sunday, 04/28/2019 8:12:15 PM

Sunday, April 28, 2019 8:12:15 PM

Post# of 57555
Please don't put words in my mouth... I rarely use A/D to support my analysis... There are a plethora of other technical indicators that support my opinion... A/D ain't one of them... A/D has been parabolic and IMO has peaked... it is meaningless to me at this point...

I believe the weekly chart speaks volumes as to the direction we are headed short-term... The MACD tells the real story... over extended and topped out... not to mention RSI is still in the low to mid 70's and has been all year... a sell down to 50 RSI would set us up nicely for the next leg... all IMO...

Disclaimer: I am long $EDXC and have been for many years... I continue to hold approx 40% of my original position... I sold 60% into strength... low .40's fist 30% sold... at .70 additional 30% sold... Trust me... I want to see this at $5.00 too... just need some major consolidation before this heads higher... again... all in my opinion...

$EDXC