Canada Nickel Company Inc V.CNC

Here comes the heavy asks now...

[apapas1973]

Unbelievable. These people need to be crucified. Such manipulation in the market and we get wrapped up in it.

[EndZonefor7]

Yup it's brutal apapas. 11 straight red days is not something I ever expected to see. 

[apapas1973]

Very oversold endzone bit I'm not near a computer and can't seem to pull up the RSI reading from my mobile. It's gotta be close to zero. I could see a bounce up here but not sure if they'll try to take it down again. Better if they just capitulate it here but it's going to hurt. If were in the blood bath phase, it could go on 3-4 more days. Or even a tad more.

[EndZonefor7]

RSI is at lowest since back at 50 cents. Has to be close to bottom now but what do I know, I thought last week was. 

[IgnacioCashmere]

Looking at the graphs, Bigcharts is showing an RSI of about 27 & Seeking Alpha 30. 25 is as low as i ever see a stock trade at, it screams this is the bottom. Doesnt mean its about to go up, just signals it wont drop further.

[EndZonefor7]

I've got 23.9 on my TD chart but oversold since $3.20 so you're correct, wont go up but any severe drop from here odds are slim.

[apapas1973]

RSI can get to below 10 in extreme scenarios. I hope we don't get there Ignacio but it's not impossible. If the big boys want this down, that's where it's going.

[IgnacioCashmere]

thanks for letting me know. The lowest i have ever seen is bankrupt companies falling in to the teens. But now i know. Below 10 would be a scorching dumpster fire.