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The Whale

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The Whale

Re: TEXASOIL post# 41710

Tuesday, 01/07/2014 3:11:02 AM

Tuesday, January 07, 2014 3:11:02 AM

Post# of 120628
Overbought, but still consolidating at this higher level because of supply and demand. I saw the same thing with SIRI in 2008-09. You can cool the RSI off by trading at slightly higher steady levels. In fact, the RSI here was above 91 on Friday and is now at 86. I predict we stay in this area a couple more days.
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