Replies to post #37399 on Fuse Science Inc (DROP)

[takeachance2012]

IMO, the stock will go up on New Distribution Agreements coming soon. BTW, let us not forget Holland and Venezuela.

[JohnCM]

"You know what my feelings are about technical analysis...Pinkies like DROP are impacted by news and warrant exercises not technical analysis...."

I would agree that pure technical analysis relates far less to pink stocks than big board. Absolutely.

If I were to look at anything, I would not buy a stock when priced over RSI(14) 70 and would consider taking some profit at that point.

I would absolutely consider buying stock in a company I like if RSI found the 30 area due to a quick downturn or selloff.

Otherwise 6 month chart trendlines are fair indicators of future movement but no guarantee.