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Re: deadjim post# 453440

Wednesday, 06/24/2020 8:36:58 PM

Wednesday, June 24, 2020 8:36:58 PM

Post# of 719442
Yes good point, both need to be considered. Tech + fundamentals. Like understanding uonek was the better short because it had 25x the float of uone. Anyone not realizing RHers alone had the power to buy the entire uone float got an unpleasant surprise.

On RSI, I agree it should never be used as a standalone indicator but works well as a confirming indicator when others line up. I put more weight into weekly vs daily as well. Obviously You’re a superior charter to me, I’m just posting this for others who may be reading as well.

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