Effective Control Transport Inc. (fka EFFC)

[casey v]

4kids,

thanx for the reply. The short version is as follows. Regardless of this, news trumps all. I am pleased with the buying recently (overtly the other day and now quietly). These other indicators are just that and they come and go.
regards,
casey



The 70% and 30% levels are used as warning signals. A relative strength index above 70% is considered overbought and below 30% is considered oversold.


An RSI above 70% is considered overbought and below 30% is considered oversold.

An overbought or oversold condition merely indicates that there is a high probability of a counter reaction. It is an indication that there may be an opportunity to buy or sell, but does not provide the final signal. RSI signals should always be used in conjunction with trend-reversal signals offered by the price itself.