Medical Marijuana Inc (MJNA)

[masahirox]

RSI findings

for you you rookies out there like me:

When RSI is above 70, the stock is overbought
When RSI is below 30, the stock is oversold

When we hit .50 the first time we were wayyy over 70, indicating a drop in price soon and that's what happened. When we hit it the second time we were only slightly over 70 and it dropped back down as well.

RSI is at 50 right now. Right in the middle of 70+(overbought) and 30-(oversold)

This is where it gets interesting...Analyzing the MJNA chart shows that every time RSI hit 50, it bounced up! So does that mean we have some imminent green days ahead of us? Reasonable what do you think?

Any ideas out there?