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Altitrade Partners

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Altitrade Partners

Re: 31twu post# 6543

Thursday, 10/18/2018 4:56:55 PM

Thursday, October 18, 2018 4:56:55 PM

Post# of 11429
The term "Dead cat bounce" refers to a stock that is oversold according to the technical indicator known as the RSI. When that indicator is below 30 it shows that a stock is oversold and likely to bounce.

Insider trading has absolutely no relevance. Neither do fundamentals. Dead cat bounces are purely technically driven.

"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." ~ Arthur Schopenhauer

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