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UndergroundTrader

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Re: finishstrong71 post# 27638

Wednesday, 03/09/2016 3:05:59 PM

Wednesday, March 09, 2016 3:05:59 PM

Post# of 29254
RSI is a pretty strong indicator of price action. When the RSI approaches 70+, it is considered overbought, indicating there may be a pullback, when the RSI approaches 30 and less, it indicates the stock is oversold, and indicates there may be a bounce. Hope that helps.

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