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Re: None

Thursday, 08/10/2023 11:12:38 AM

Thursday, August 10, 2023 11:12:38 AM

Post# of 60844
This is the fourth cycle of higher highs and higher lows. A look at the three month chart makes the clear case for “The simplest explanation is usually the best one”.
When the Relative Strength Index (RSI) reaches overbought “70” the buyers pullback the bids until the RSI reaches 50, Neutral or lower towards 30 oversold.
When it’s determined to have cooled off they return and take it back higher until it hits RSI 70.
Wash rinse repeat. See three month chart.
Bullish
Bullish

Unlimited number of burned bashers in the OTC. I’m all into keeping their money.