RSI information
Breeze123456, from www.stockcharts.com the current RSI on the default "fill the chart" setting is 59.17.
My comment on the RSI is that it is a great tool and it's part of lot of different kinds of analysis.
FUSZ traded above 70 for 8 days and will probably have an RSI above 50 for the rest of the month of April.
Mathematically, the RSI will be 100 if the stock has 14 positive days in a row. I am trying to say that RSI is one data point that you can use, but you need more than that to get the big picture.
Since FUSZ has so many positives yet to be officially revealed, using the RSI rules to time your trades isn't something that I personally would recommend to myself. For example, when we had the pullback to $0.80 last week I just held my shares. I am future oriented and I don't day trade.
So, now you know where I am coming from. I would also end by saying, "Never underestimate the power of leadership to transform the ordinary into the extraordinary."
GLTA,
-D&C
P.S. If you have any other data points you want to look at, I would recommend using the free "Chart School" articles at www.stockcharts.com. That's what I use to learn more and get exposed to new ideas.
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