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Post# of 251939
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rfj1862

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rfj1862

Re: sab63090 post# 246935

Monday, 05/15/2023 9:48:12 AM

Monday, May 15, 2023 9:48:12 AM

Post# of 251939

In case you give any credence to technicals:

I know there's a lot of excitement about $VKTX, but I have noticed the decline in the RSI with each recent new high (negative divergence) and the MACD has been turning down....I especially pay attention to both positive and negative divergence

s.

I think technicals are fine for high-volume names where crowd psychology is much more predictable. For biotechs? Not so much.
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