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Re: Ferdenando the Bull post# 84667

Thursday, 08/26/2021 7:40:27 PM

Thursday, August 26, 2021 7:40:27 PM

Post# of 118410
What do you mean?

On my charting software, the full history goes back to September 2014. The stock reached $1 once during extreme volatility but more regular highs (at the end of big runs) include .25 and occasionally .35. It's historically traded flat (between runs) much lower than that. (.15 .12 .08 and .04 were popular prices at various points.)

RGBP's been in slow, steady decline for years before the stock became almost worthless in 2019. Things changed when a steady uptrend began emerging in late 2020. (The uptrend continues today, now that the company is in a hot industry and has shown measurable progress.)

All I can glean from historic prices is what levels might act as support or resistance today. (Levels that were previously support act as resistance now, since price is trading below them.) I don't want to look back too far in the past for other indicators because the company & market behavior has changed a lot since then! If this ticker gets above .50 then the historic chart tells me nothing about where it could go from there because there's no point in history to compare. "Uncharted territory" so to speak. :)