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Alias Born 11/14/2012

Re: None

Tuesday, 02/19/2013 7:06:18 PM

Tuesday, February 19, 2013 7:06:18 PM

Post# of 158400
question here, i understand the red days, but i am still trying to figure out RSI. I understand that after today we are back in the uptrend zone and its not overbought. On days that we "consolidated" after that the RSI was around 50-60 and then we had 30-50% gains the next day then the RSI touched 70 then we consolidated again and so on. My question is that since we were overbought for a few days or so is this why we only saw 11% gains versus being at the 50-60 range and seeing 30-50% range? it may be a dumb question but i was just thinking out loud.

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