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Re: Rmillz11 post# 106111

Monday, 05/09/2016 10:37:23 PM

Monday, May 09, 2016 10:37:23 PM

Post# of 142017
I understand overbought and oversold ranges...I also know that they mean very little in sub penny trading. Many tickers often break out above 70 and and explode to 90+ RSI before ever pulling back. Perhaps I am ignorant but I had previously understood the power zone to begin at 70. I've seen significant moves from this level to support further upward bullish movement in the past. Criticize me if you will for not taking your trading class. Just keep in mind that the weekly chart RSI remains 56 - right in the heart of your power zone. Good luck to you.

$JNSH

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