Replies to post #6543 on NewAge Inc (fka NBEVQ) (NBEVQ)

[Altitrade Partners]

The term "Dead cat bounce" refers to a stock that is oversold according to the technical indicator known as the RSI. When that indicator is below 30 it shows that a stock is oversold and likely to bounce.

Insider trading has absolutely no relevance. Neither do fundamentals. Dead cat bounces are purely technically driven.