Vivos Inc (RDGL)

[go4yordream]

While it may be that some of the negative posts stated here could be true, the technicals are telling a more bullish story. The pattern that has been forming over the past 5 months is abolutely looking bullish. Further evidence is that the stochastic momentum index and rsi have also turned up on the monthly chart. They are both moving down toward oversold on the daily while the share price hovers between .065 & .077 (another good condition). Based on the relatively rapid daily decline of the 2 indicators above, I believe they will be in very oversold territory within 2 weeks and as long as price stays above .052, the bullish trend should continue. IF that happens, it's conceivable that we could break the .1264 resistance area within 3-6 months and IF that happens, a major resistance area around .4685 or higher could be achieved by year end. Notes: 1) There are no time limits on how long overbought/oversold conditions can last; 2) I realize I used the word IF... That's why everything I just discussed are called "projections". They are merely possibilities based on technical tools and studies I use. Nothing in this game we play is guaranteed. HA! Imagine that!!!😂 Lastly, IF we stay above .052, then price target calculations at .063, .058 and .053 "could" get hit while the overbought condition weakens and before the uptrend continues. I have no idea what WILL happen, but I hope this adds a smile to all who are bullish on this company. Have a great weekend! GLTA🙂