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Posted On: 08/14/2020 7:58:27 AM
Post# of 148984
Re: nicehedges #49470
Ohh I love when you talk that way! LOL
Well I’m not really a chartist but i did notice that the RSI is currently at 41 (on what I’m looking at Yahoo chart) and while that doesn’t nessairly scream oversold the last time it hit that level it appears too have been on 7/13 when it hit $3.70 (RSI was 40) but it immediately bounced off and didnt turn down again (closing price) until around $6.30 on 7/20, right after that seems to have started this current down turn.
This could mean nothing at all just something i noticed.
Well I’m not really a chartist but i did notice that the RSI is currently at 41 (on what I’m looking at Yahoo chart) and while that doesn’t nessairly scream oversold the last time it hit that level it appears too have been on 7/13 when it hit $3.70 (RSI was 40) but it immediately bounced off and didnt turn down again (closing price) until around $6.30 on 7/20, right after that seems to have started this current down turn.
This could mean nothing at all just something i noticed.
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