Replies to post #35800 on Rebus Holdings Inc (RBSH)

[TechnicalAnalyst1984]

Honestly, I thought they looked good last Thursday but the action on Friday was up in the air for me; a question mark! So, I spent Saturday pouring over charts of probably 700 to 800 charts and found 2, both I had earlier last week caught my eye and by Friday did NOT have question marks so you can be assured, I was out of RBSH this morning breaking even; one of the 1st to sell; in at .04 average out at .04! And then in to LQW'.....c They have a really good 1y daily chart, great SS and PRs and then PRC'.......x 1y or 6month daily looking good, SS not bad on a company with 16 million revenue already from what I gathered on a Ihub post and expected acquisition coming in.

Many times I have to force myself to take Peter Lynches approach when he was asked when he knows when to let go of a stock and he replied, "when it doesn't do what I expected it to do!"

[Mrragu]

Many have been very successful by using technical analysis to predict price movements. Not so much with past technicians regarding this stock. The constant issuing of stock (dilution) will drive the stock price down. Until some value is confirmed (or hints of value) for the drug platforms expect business as usual. Once value is determined herd mentally will take over and spike the PPS. There is a lot of stored up energy to drive this ticker higher if good news ever materializes!