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Re: thewolf1 post# 5132

Wednesday, 04/27/2011 10:14:21 AM

Wednesday, April 27, 2011 10:14:21 AM

Post# of 19899
I think the stock is behaving as perfectly as it can, its an orderly run, i know we all want to make a quick fast buck, but then what? the run will be over and it will crash like last year, you want long term pps growth. U guys just have to realize the dynamics of how stocks trade and the trader mentality. FOr instance, the daily RSI is near 70 now, most traders use a 14 day period RSI. It is very difficult for a stock, whether its a pink or a big board, to sustain an RSI above 80 or 90 without having a short term pullback. I have seen stocks with an RSi spike above 95 before, but it will always have a slight pullback to come down to regular levels. Ideally, you would like the RSI above 50 because it signifies a strong uptrend. If it does spike to 80 or 90 you will most likely have a slight pullback. Remember, the RSI is base on 14 day period, so the spike of two weeks ago will beout of the calculation, allowing the RSI to settle down and smoothe out a bit, to eliminate any huge spikes. If it stays at these levels by the end of the week, that will happen. In turn, this will allow it even more room to run next week, when merger/financial impact/contracts are reported. The weekly RSI is at 51, the weekly is alot smoother becasue there is more data to work with so its not as sensitive to large spikes, there is ALOT of room for it to run, let TADF do its thing, you will be rewarded, THeyve been working on this for years and now its all finally coming together. GLTA

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