GREY:MRRCF - Post by User
Comment by
ChalkyBrushon Jan 15, 2019 8:08pm
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Post# 29237014
RE:RE:neither company stock price likes news
RE:RE:neither company stock price likes newsMeowMeowFC wrote: RSI in overbought mode on the 4 hour chart and at the peak of our bband on the day. We could use a few days to range at this price level to cool things off before our next leg up. Hopefully the market continues to move forward. Even HMMJ is in overbought territory. Consolidation is imminent.
mudpuppy wrote: both wayland and ICC trading below highs of yesterday, before news, and way below highs of today after news.....hmm.
could be seen as controlling interest takeover of ICC by wayland, except for auxly's pre-existing rights by contract.
not sure what to make of it.
RSI indicators do very little for predicting these types of stocks. Has anyone ever correlated RSI with changes in stock prices in the weed sector? What about medium cap corporations on the venture exchange?
Also, there was material news posted just this morning. People's first impressions were overall positive with stock price jumping to 1.60. How does this factor into the RSI???
(sorry for repost, bad format on first)