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lee kramer

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lee kramer

Re: None

Tuesday, 06/16/2015 7:16:15 AM

Tuesday, June 16, 2015 7:16:15 AM

Post# of 53906
FVE: RSI is almost 66. RSI is a coincident indicator: it follows the stock movement and has no predictive value. 66 suggests there's much room on the upside; 75-85 RSI.

When RSI gets to 85 or so it often suggests the end of a run may be near. When RSI gets down to 20, or below, it suggests that the stock, which has declined, may soon be a possible buy.

Not sure what will happen, just a few observations.
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