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News Focus
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old fat and filthy rich

10/03/18 6:20 PM

#88004 RE: The Whale #88001

NEWS Always beats charts. You know better than that.
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Daytrader2013

10/03/18 6:20 PM

#88005 RE: The Whale #88001

Not true. Seen plenty stocks run with the RSI in the high 90’s for days. Volume precedes price. You should know this.
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elks

10/03/18 6:20 PM

#88006 RE: The Whale #88001

HA HA I seen them run in mid 90,s for days bring that number down lol,
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Luckysevens

10/03/18 6:22 PM

#88011 RE: The Whale #88001

MRNS was there for 6 weeks when it ran from $1 to $9
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S2focus

10/03/18 6:23 PM

#88012 RE: The Whale #88001

Typically I’d agree but in this instance I don’t.

Axxa traded over 70 for 13 sessions.

Tlry traded over 70 for 23 sessions.

Rsi means nothing when catalysts are inbound, especially when those catalysts pertain to the progression of a cancer treatment.

I could understand some people’s apprehension of getting in with it that high but every other indicator on both the daily and weekly chart are still climbing up.

Trading 102

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Luckysevens

10/03/18 6:28 PM

#88017 RE: The Whale #88001

Still hugely undervalued for its near term commercial market, longer term add as many zeros as you like
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pennylandspirit

10/03/18 6:47 PM

#88028 RE: The Whale #88001

Check RSI on OWCP when it ran to $$$s
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ShaneO19

10/03/18 8:05 PM

#88070 RE: The Whale #88001

As you know the RSI number is based on the time interval. To be more clear you should say the daily rsi is 89. This happens to be the most overbought of any interval you could have picked. For instance im showing the monthly rsi at only at 38.06 so we are still oversold there. Weekly is 59.71. 60 minute 62.66. I like to follow the RSI too but what ultimately should matter is what the market cap is compared to what the company should be worth. In this case we are WAY undervalued for a cancer cure/treatment.
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Drugdoctor

10/03/18 8:45 PM

#88110 RE: The Whale #88001

We did earlier today... trading 404 - the stock is so strong it went back up.... Still waiting for the .003 gap to fill? LMAO