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ATerragna

01/25/21 7:27 AM

#6471 RE: a false profit #6470

Sell Off? RSI is 72.69 5 Day Chart

According to TD Ameritrade:

The RSI is exceeding June 2020's RSI:

5 Day Chart: 72.69
1 Month: 90.29
3 Month: 90.36
6 Month: 90.36
1 Year: 90.36
5 Year: 49.01

What would the slight sell off be if this is shooting well into the overbought zone? Who would be stupid to lower the RSI by selling off hundreds of thousands worth of potential capital gains?

We're looking at the same price point around June, but exceeded well over June's RSI. Do you think we'll hit 2 cents and trigger a few stops? I am agreeing with the rest of you here. We have strong hands holding this down and sending it up.