Replies to post #74096 on MyECheck, Inc. (fka MYEC)

[CC-HAMMER]

I am ready for complete bombardment for this, but in the oTC, I do not feel that any conventional form of charting is applicable. It's all about the MOMO!!!
I've done well following this model.

[Kubisiak5]

This my earlier RSI post:


Its high but it was really flat for Friday and we were still nice and Green. And we have seen 3 solid news during the time the RSI has balooned when typically we see nothing, so their are outside catalysts skewing it a bit IMO.

I guess its setup either way. We could blast higher launching the RSI into truly overbought parabolic MOMO epic territory,or we could trade sideways/down slightly and reboot it in a couple days.

With this company at this moment all the RSI is telling me is "hey, weve had alot of green days in a row here, And ive been partying hard, getting some stimulants from Ed, so, uh, dont get mad, but dont be suprised if I take a breather and show a little red." to which the market will reply, reluctantly imo "oh i guess so...fine". OR: "Eat some crow, smoke a J, slam a red bull, and release the Kraaken!"

So yes, i agree with you ;)

[kwm1954]

as far as the RSI goes... another "little" stock i've been in
$NTE*... when it started it's ascent end of MAY, begining of June 2013 price was .014-ish, RSI was just getting to 70, stayed ABOVE 70 (and actually above 90 for a bit towards end of run) for over a MONTH(thru 1st week in JULY) and the price went to .14....
positive assessment of a company will contradict technicals (for a time)... this is on its way UP...IMO