Boots & Coots International Well Control, Inc (WEL): 70-90 is considered power zone. 90 th...

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Boots & Coots International Well Control, Inc (WEL)

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Re: Durkkdiggler post# 167

Tuesday, 05/05/2009 11:43:54 PM

Tuesday, May 05, 2009 11:43:54 PM

70-90 is considered power zone.

90 that's a good one. In a sub-penny stock maybe, in the real world never.

RSI 14, 70 is overbought and a very dangerous entry point. Buy the guy who invented RSI. See link below.

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:relative_strength_index_rsi

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