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Re: None

Tuesday, 07/28/2015 10:14:49 AM

Tuesday, July 28, 2015 10:14:49 AM

Post# of 81998
a few posts back I mentioned one sign of a possible price reversal is when the RSI dips below 30, rises, and then dips again, but the second dip doesn't go below 30..followed by a continual increase in price.

check out the RSI on the charts:

july 21: RSI @ 21 (below 30)
july 24: RSI @ 46 (goes up)
july 27: RSI @ 40 (goes back down but not below 30)
july 28: RSI @ 48 (starts to go up)

all of this preceded by the upcoming Q2 conference which will more than likely make the RSI go into the 50s or 60s.





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