$TPAC Want to see a sign of things to come, merel
Post# of 22940
Posted On: 01/08/2016 4:35:28 PM
$TPAC Want to see a sign of things to come, merely based on the daily chart and the patterns therein? Look at the daily, specifically focusing on the RSI number as it correlates with the share price. The last time our RSI was this low, we were in the mid .001's. We went from that point to .0069 at the peak before cooling off. Let's just say that mid .001's level was .0017.
.0017 x 4 = .0068(just shy of our peak)
Let's say we start a similar move(news not factored in) at .005, where we currently sit.
.005 x 4 = .02
The fun part is this. Say we hit a doubtful low of .0025.
.0025 x 4 = .01
I'm thinking we have a lot to look forward to here, especially with the way the SS is shrinking via share retirement and longs locking the float.
.0017 x 4 = .0068(just shy of our peak)
Let's say we start a similar move(news not factored in) at .005, where we currently sit.
.005 x 4 = .02
The fun part is this. Say we hit a doubtful low of .0025.
.0025 x 4 = .01
I'm thinking we have a lot to look forward to here, especially with the way the SS is shrinking via share retirement and longs locking the float.
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