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Post# of 70338
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ScottyP19

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ScottyP19

Re: Chicago-Paul post# 26070

Thursday, 10/04/2018 4:20:26 PM

Thursday, October 04, 2018 4:20:26 PM

Post# of 70338
Most people base over bought and oversold by analyzing the RSI of a stock.
The general rule is anything above a 70 RSI is considered overbought, and anything below 30 RSI would be oversold. Now the top and bottom marks can move either direction but 70-30 RSI is the baseline. I hope this helps. I am sure there are people on here that can break it down further than I did.
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