Regen BioPharma Inc (RGBP)

[Cooway]

Great post! As this ticker is based on science, one cannot avoid the science of chart analysis. The TA on any OTC chart must be heavily weighted towards a note holder and their desire and ability to manipulate the chart. There has been much peer data to back up that the MMs will actually build a chart to "invite" buyers. What we currently see in this 6 month chart is a cup and handle formation that is still in play. On Friday the big seller could have easily continued selling well past the 20ma, which would have effectively broken this upward trending chart. They did not do that tho. This gives me conviction that the cup and handle formation and it's eventual upward result are still in play over the coming weeks. Both the story, and the chart are still in play here with this ticker. We'll see...

God bless!