Friday, February 05, 2021 7:54:54 PM
I wouldn’t be saying this if it hadn’t held so well through close today. I think it hits the peak of its last run at around .20 before a decent profit taking moment. You have to remember, ALOT of shares were bought at .08-.10 so logic suggests .16-.20 will be some profit taking at 100% as was evident the moment the stock hit .16-.17 today.
On lower timeframes it is overbought, but I’ve learned to follow the higher timeframes when considering RSI.
But that’s just me.
Good luck to you.
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