Replies to post #5029 on Pedevco Corp. (PED)

[staticmirror79]

I completely agree. This is gonna drop. I bet it hits 2.25 tomorrow. Price action is bearish. RSI is dropping. Macd is about to cross. Stochastics about to cross. Price is way above moving averages and needs to gravitate back. And that's just about half of what I'm seeing. If there was news out to push price up I would be tempted to disregard all of these signs. But this is about as bearish of signals as you can get. Still might take a couple days before a big drop but I think it's coming.