InvestorsHub Logo

JohnnyRothrock

04/10/21 12:20 PM

#44768 RE: Here Today #44757

Yes, noted. But even w 4 bil OS if that happens in the months to come......well then at .60 cents that would equal $2.4 Billion market cap of what enzc did.

But they are diff companies, im seeing alot here......could go higher......or lower.......but as James Dean used to say: ‘Any either other way’, three cents is dirt cheap with all the massive dd and new events here now and years of research and Patents.......where we are at now, will i think be looked at as extremely cheap this summer.

For me, until we hit a market cap of at least $500 mil, im none too worried, $500 mil MC which is standard fare for sooooo many biotech Naz stocks with nomproduct out and may never have one.....in pre-Phase or Phase I, havent made a dollar, have $20 mil in debt...yet their stocks trade over a dollar because of Potential. Biotech Potential......and with the huge licensing deal last week, the new Patent granted last month, and alll the other DD we are seeing......as some have been saying RGBP has more going for it then many Naz biotechs, right now.....and pps is below .03. i like the upside here, its rather staggering.

KeepItRealistic

04/10/21 12:23 PM

#44771 RE: Here Today #44757

I have seen stocks run at RSI 90 for weeks
Maybe when this hits .20+ it may need some consolidation

For now it will continue its pattern of

Gapping on open
Consolidating intraday
Leaving gaps behind it

People selling thinking the gap would get filled last two days lost their shares

The only concern here was the STOP sign which has been addressed by last 8k

Just look at the volume last minute of the day, this is not normal retail buyers

.20+ by Friday is not unreasonable at this current pace

My guess for Monday is gap around .033-.035 with an intraday high of .049

Consolidation dips to .04

Close above .045

LordLordy

04/10/21 12:26 PM

#44779 RE: Here Today #44757

Not predictive for now, though instructive if looking to trader psychology(imho) and at the moment that will pertain mostly to entries for new investors and daytraders. RSI can sustain itself rather high with volume, and that TA is only meaningful to gauge correction of scale with time intervals. I’d look to the daily volume&consolidation first before presuming a huge sell off to “reset”. By that gauge, RSI has reset several times a day per several intervals.

What are you looking for, specifically?

Chaka

04/10/21 12:41 PM

#44797 RE: Here Today #44757

RSI is overrated.
The people who sold $Sbf* when it was at .02-.03 range last year said same thing RSI need some cool off etc etc etc..
Well..
$Sbf* stil went on to run up another 1000%-1500% more roi for LONGS over there.
-----
$Rgbp will run hard.
I MEAN VERY HARD NEXT FEW DAYS/WEEKS/MONTHS good sir.
-----
Glty.
$Rgbp, $Rgbpp, $Onph...all trifecta green $money all @ once...
Hmm...
That tells me EVERYONE'S wants in asap.
$Rgbp