CV Sciences Inc (CVSI)

[UpYourz]

Actually Day traders know when to buy because they look at RSI oversold conditions on the hourly chart, 4hour chart, and daily chart, with the hourly being the most popular for day traders. It dipped into oversold territory between 1:30 and 2:15 pm EST time today and that was a buy signal and they will likely set a stop loss at break even and be prepared to buy again at the next oversold condition on any of those time frames I mentioned. No need to trash day traders. Most of them know what they are doing and are trading in tandem with the bots and banks that buy at those same conditions and set stop losses at break even and wait for a rebound or further decline. You can see confirmation of when it happens by the volume that starts coming in at oversold conditions. RSI is one of a traders best friends.