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Re: surfkast post# 88805

Wednesday, 07/05/2017 10:14:29 PM

Wednesday, July 05, 2017 10:14:29 PM

Post# of 207115
I agree that the "power zone" is 70+ on an RSI indicator which is irrelevant at the moment because of the bearish trend.

In fact, the RSI for DOLV is at or near its lowest point on the time frame of your chart which suggests that it has been oversold the most at this point in time than ever before.

So in my opinion, Mojo stands correct because he only mentions rsi and not the other indicators you use to gain your opinion.

Nice charting though, thanks.