Friendable Inc (FDBL): Just a simple pullback on RSI RSI had...

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sweet crude

Re: None

Friday, 02/21/2014 3:12:41 PM

Friday, February 21, 2014 3:12:41 PM

Just a simple pullback on RSI

RSI had hit 70 so just a simple pull back to allow the 10 day trendline to catch up after such a sharp move. Thats all!

Stock has had a major breakout on 50-dy average, and even at 500 million shares OS, which its only 390 mill OS now, at .10 we are still only $5 million market cap.

I think we could actually see .02 on this to test the 200 day moving average. it may take a couple of weeks. TFER has a large float thus it isnt one of those stocks that just flys up in straight line. Its gonna need some churning and steps on way up.

I love those cause you can play spikes, then buy back in on consolidation dips.

Right here at .0019 is a GREAT entry point for anyone wanting to jump in

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Post it up on my new board!

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http://investorshub.advfn.com/boards/board.aspx?board_id=21852