Volume over 7million... increase trends. Futures l
Post# of 75002
Yesterday 5/24 the 14day RSI (Relative Strength Index) @80% .1177... >70 values indicate "possibly" overbought & "may" suggest correction which we witnessed today hitting yesterday's 2nd pivot point twice @.1053 then pullback.
5/25 Today's now listing 2nd pivot point RSI @80% .1180 still revealing increased trends with technical Buy "Opinion". Peeps should rely on their own opinions regardless of others considering Hedging for your Futures.
If anyone wants a safer bet, I believe Warren Buffet recently suggested long term strategy in S&P index fund but that ain't gonna bring Huge riches relative to what Rocky Mountain High Brands Futures suggest.
"The relative strength index (RSI) is a momentum indicator developed by noted technical analyst Welles Wilder, that compares the magnitude of recent gains and losses over a specified time period to measure speed and change of price movements of a security."
(source investopedia)
In agreement of others views avoiding short term flippers tax implications offsetting gains & holding positions with accumulation during dips (dollar cost averaging) for long term futures considering... beginning in 2015, for the first time since its enactment in 1993 - Sec. 1202 allows non-corporate taxpayers to exclude from federal income tax 100% of the gain on the sale of certain qualified small business stock (QSBS).
IMO RMHB's having Li, Gerry David, Kevin Harrington & Team should now keep pace with upward trend awaiting inevitable positive financial reports regardless of now or later understanding capital infusion with L&H merge.
Disclaimer:
Viewers should do their own due diligence & always consult with licensed securities professionals before purchasing or selling any securities of companies profiled or discussed.
Investors Hangout likely also advises such disclaimers.
May the Spirit be with you my friends.