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Re: ecmoney post# 78202

Monday, 08/09/2021 8:21:35 PM

Monday, August 09, 2021 8:21:35 PM

Post# of 118373
Well two sides:
In general we want high RSI, i.e. strong short term momentum, for stocks we own or are going to buy. It can be a psychological challenge to buy such stocks, since they have already risen quite a bit and may seem expensive. However, high RSI indicates that more investors are buying and that the rise will continue.