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Wednesday, September 28, 2022 12:14:13 AM
If we see .02's this week, this may reach breakdown on weekly RSI, which hasn't happened since January 2016 - April 2017. Hopefully there's a rally, but if not, lookout below. source
I haven't heard anyone say 'RSI will save us' either. Folks are evaluating RSI just like any other technical indicator to keep a handle on risk and reward during this time of major price movement. History shows breakouts and breakdowns have corrections. (ie "meaningless bounce" or "a few crumbs on the table" as some have called them. When it suits them, of course.)
has any shareholder ever posted that ENZC is going to fall significantly because the RSI looked bad? I don't even have to look, the answer is no.
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Sometimes I edit my posts in the first 15 minutes. Refresh for the latest.
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