for the board that doesn't know how to read charts -- you know who i mean --when using the rsi, a sentiment and momentum indicator that compares gains to losses, there are 3 lines used for demarcation. they are at 70, 50 and 30. and when used to note oversold or overbought conditions, above 70 represents overbought, 30 represents oversold, and 50 is the midpoint of the neutral zone. this should be fairly obvious, but every time i take a peek, i read how everything under 50 represents oversold. does that make everything over 50 overbought?
**sheesh**
posted i was done doing charts on that issue, but there's still room in the rsi's for it to go lower. how low? the lower bollie has widened out to .0048. that would be oversold territory fer' sure.
