RE:STAY CALMFrom the previous NR Oct 3 the share count has gone up approx 1.5 million shares.
Today warrants are being converted.
The cash is going into the company now.
This is one bullish chart. Gaps that should get filled don't. Everything overbought and we get breakouts. People simply want in. There will be an eventual correction and my guess would be down to the KAMA Blue Line. But for now this story is developing nicely.
But break outs while things are extended are simply really bullish set ups. The math is simply saying that the share price is closing in the higher part of the days trading range on average. One can look at the trading day as a race with the finish line being the close.
This cash injection only helps grow the market. My chart set ups are much more simplistic I know but simple works as well.
RHT Daily Chart