Most pennies being pumped enough can hit 90 or even slightly higher but 99% of those runs WILL consolidate once they touch 90. Every other RSI including the oversold and the 70 is irrelevant.
The problem is with Clays chart in ECIG its just a 30 min chart. 30 min and hourly charts are for day traders only. Also resistance that is pointed out on these charts are for day traders . You cant really claim they are big resistance points as they only represent a few days of the trading. Overall ECIG is a deep deep pincher chart on the daily. Once it pops it will pop hard as most all pincher plays do. It just takes time to hammer in the bottom. Its not a over night event in the meantime traders will flip those smalll resistance points that Clay points out on the 30 min vid. I myself love pincher charts and this has one of the deepest I have sen in a long time. Usually means huge pop when it finally takes off. IMO
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