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nramos

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nramos

Re: None

Monday, 12/01/2014 7:07:20 PM

Monday, December 01, 2014 7:07:20 PM

Post# of 48316
Important indicator

I believe the high shorting was caused because our RSI reached the 70 mark, indicating that it could be oversold. But anyone that knows technicals and follows the RSI it can be flawed after a bullish uptrend which we are in. A more realistic overbought would be near 80.
No worries here.
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