Replies to post #2036 on Fonix Corporation (fka FNXC)

[skipdeez]

Since you asked so nicely...

I am looking at the RSI as well as the Full stochastic when I say that it's oversold. An RSI under 30 and Full stochastic under 5 would suggest oversold conditions to me.

http://stockcharts.com/h-sc/ui?s=fnxc&p=D&yr=0&mn=3&dy=0&id=p66789861656

Sure, it may go lower first, but I like the way it's shaping up and think it will run sooner than later.

I'm not pumping anything here, in fact I usually meet opposition when I post on a stock when it's in this kind of shape. I then sell when everyone else is trying to chase it later.

Hope that helps.