Monday, July 24, 2017 9:33:50 PM
Penny stocks like AMFE are even harder to use the RSI by itself, because of the percentage gain potential from a large stack of $$ hitting them. When a stock is seeing momentum, especially one with underlying fundamental improvements, the INTRADAY charts need to be followed. The daily chart by itself wont tell you how much that RSI can continue to stay in the overbought zone...
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and validation.
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