PHI Group Inc (PHIL): Macd on this is sweet right now. RSI is...

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Re: gemmerling post# 62495

Tuesday, 06/01/2021 4:34:36 PM

Tuesday, June 01, 2021 4:34:36 PM

Macd on this is sweet right now. RSI is a bit high but look at the 0054 level on that chart. If we can consolidate above 50 and break 54 and hold it we will probably see 70's quickly.

Honestly though, I do not see above 50 to be sustainable for shorts very long. So holding above 0050 may force a cover...

(Note) Every post I make is simply my opinion.

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