Capstone Companies Inc (CAPC)

[Salve Lucrum]

Pennymann, one of us is confused.

You just posted:

the TA I stated yesterday said CAPC was oversold (sic) in the short-term

NO, it didn't. What you said was this:

PennyMann Overall rating: Good long-term hold; entry once momo indicators cool from overbought. ......Technicals are signaling buy with many overbought indicators.

And while you mentioned a cooling of momentum due to "overbought" condition you stated "Technicals are signaling buy"

But today you change that "Good long term hold" and "Tecnicals are signalling buy" to the more accurate:

overbought means it's time to sell for the short-term

So,I guess you agree with what I stated about the stock falling back around.02 but you totally missed my point about WHY it has failed to carry through the recent highs that your T/A deems overbought.