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billytbone

02/26/21 10:59 AM

#77867 RE: sharky #77866

Have to be under 30 to be oversold.
The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30. Signals can be generated by looking for divergences and failure swings. RSI can also be used to identify the general trend.
https://www.fidelity.com/learning-center/trading-investing/technical-analysis/technical-indicator-guide/RSI#:~:text=The%20Relative%20Strength%20Index%20(RSI,and%20oversold%20when%20below%2030.
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HotterMama

02/26/21 11:03 AM

#77868 RE: sharky #77866

One last dip, one last chance to load up before the big news hits this afternoon!

Good luck to you, my friend! Good luck to ALL!!!

GO OPTI$$$$
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Kiki5

02/26/21 11:06 AM

#77869 RE: sharky #77866

The whole markets down this wk. Of course there's those shining stars that run during red days. But this is a long'er' term investment...normally 3mo is short term....but for today's traders 3mo is long term...in 3mo we should be in the middle of a buyback