Replies to post #741 on Solanbridge Group Inc. (SLNX)

[Nadendla]

The RSI..Does it work as well as on the Big boards..in the pink sheets?...

The Relative Strength Index (RSI) is a widely followed market timing technical indicator, although it has become less accurate in recent years. First introduced by J. Welles Wilder in his 1978 classic New Concepts in Technical Trading Systems, it uses a rather primitive algorithm by today's standards. It is a form of momentum oscillator which compares the averages of the last 14 trading days' UP closes to the last 14 days' DOWN closes, measuring how quickly the stock or index has risen or fallen. Both high and low RSI values are unsustainable, and thus are used as overbought or oversold condition indicators in stock market timing systems.

..I beleive that the the chart indicators predict upto a point and then no more..it lacks the human touch or sentiment..or MOMO..and in pink sheets these are not so effective..supposing ..since like you showed that the RSI is already 98% up and we have the 2%..but then...supposing..rather childishly..if this stock breaks through 0.20 and touches 0.50..all in that 2%..what explanation would you give?..Lets open the charts.. and read the riddles..

SLNX

[ASCENDANCY10]

Lol!! Bag?!! We remember on other runners like this as they crossed .50!! We remember posts like that!!

Lol

Slnx