Replies to post #71767 on OWC Pharmaceutical Research Corp (OWCP)

[Womack]

Interesting,

I'm familiar with the relative strength index, and RSI of 30 or below indicating oversold (undervalued) and an RSI of 70 or above indicating being overbought (overvalued).

In your opinion, from a technical analysis perspective, how accurate have you found these smaller scale RSI measurements to be?

I only ask because I've only ever looked at the RSI for non-OTC firms. I'd appreciate a response. Oh BTW just picked up 2k shares @ $1.21... here goes nothing ??