Replies to post #36808 on NanoViricides Inc (NNVC)

[inflationista]

RSI can be worked off through horizontal consolidation - it doesn't necessarily have to go higher -

[TheBunny]

>>You follow the RSI, don't you? I've never seen a stock I own this low before. THeoretically this level of selling pressure is not sustainable. What do you think? <<

I don't follow the RSI.
To me it's not the selling pressure that really hurts this stock but lack of buyers who will support share valuation at a certain price.
Most here will agree that $1.10 is a Deal for NNVC.

Real life current example: I place a sell order at 'ask' $1.10. price has been stable for awhile now. It takes about 20 minutes to find a 'partial' buyer. The rest is still 'open'.

I'll leave to everyones own opinion on what that means while I go back and see if my Sell Order is filled.

-Bunny-