InvestorsHub Logo
Followers 241
Posts 3530
Boards Moderated 0
Alias Born 05/01/2010

Re: C.C. post# 3951

Thursday, 08/11/2011 6:26:41 PM

Thursday, August 11, 2011 6:26:41 PM

Post# of 97060
Just look at the trends in the StochRSI for ACYD... RSI turns "hott" rapidly, and look how the price reacts after. Some of you might read this and say, DUH (that's what it measures), but I want everyone to note the TREND....

Granted there are many more indicators that one should be factoring in... We've got a trend forming in our favor for now.

This is something that I like to see! The RSI is a nice momentum indicator, and it measures the speed at which prices in a sock change. Not yet in the powerzone, but already out of oversold territory... Looks good folks!