it obviously doesnt matter how low the rsi is as the stock falls a huge 10% today only adding to the already low rsi .. this company sucks and again cant keep things moving in a positive manner for more than a quarter ..
if earnings AND revenue cant grow over the previous quarter , this issue will do nothing for shareholders and its clear they cannot keep it going .. ive owned this for years between 2-3 .. im really raking in the profits bigtime thru an entire bull market .. not ! ... mtsn is useless ..
Im not sure if the rsi has ever been this low .. whatever - its way down there .. some snapback behavior should be coming .. rather aggravating that when oil was $45 barrel , this stock was 62 .. oil still higher than that and $10 lower is absurd .
Be glad u dont live in calif. gas is $5 gal . due to stupid lying excuses that refineries are giving that are total bull .. the bigger problem is govt could care less . Oil goes lower - our gas prices go higher ..
im aware of the rsi .. big mistake .. I figured the stock would fall because of the overbought condition .. I never expected it to dump 40% in an up market while the co. is supposedly improving ..
for this to fall from 5 to 3 while the market is near all time highs is totally absurd and just another reason to not own junk which this has turned into .. a decent earnings report will stop the decline but good luck getting this back up quickly . kicking myself for not selling up there and believing it could hold a proper gain like it should have ..
pathetic these energy stocks continue to make new lows when oil is not .. I dread to see where this is if oil falls to new lows .
the worst can get worse .. the only way this is going to halt its drop is when gold does .. gold just broke below its longer term support . its not going to just fall $15 after breaking a long term support area .. gold is going lower and then so is nugt . no way of knowing where this is all going to end and it even could go on for another year .
gold has finally fallen to its previous low .. it makes sense it would try and hold here as this is a long term support spot .. usually if this is going to be a long term double bottom , it should move up from here and never look back .. somehow , that may be a pipe dream .. any lounging around this area without strength only makes the metal look weak .
you may have missed the boat .. macd and sto both gave buy signals this morning and the rsi gave its buy signal 3 days ago .