Replies to post #4148 on Top Gun Trading

[The Real Titan]

I like to use the MFI and RSI mostly. But in a manipulated play like this, its really just dependent upon whatever the MM's want it to do.

But our main reason for staying away from a play like this is because its already seen a run, having doubled from .0005 to .0010. This move up has brought the MFI & RSI from oversold levels, where we'd get in, to around 50, where we'd get out. At this point its just riskier then we'd prefer. However, if you'd brought it to our attention when it was at .0005 and the indicators were still in the toilet, then we'd have been more inclined to jump in. As it stands, bringing it to us after its gone up 100% just makes us feel like you want us to buy your shares...lol