InvestorsHub Logo

gotinearly

11/16/03 9:42 AM

#14878 RE: New_investor_2_STEH #14877

True, but if we can get two or three more days of small gains in stock price, it will turn quickly and we will just dip below our 30 day average, which has been the springboard since we were sub .05. Also our RSI is at 49.2 which is a bounce off the lowest it has been since the end of June. It appears to be a bullish trend in its infancy (sp?).

"The Relative Strength Index (RSI) is a bounded momentum oscillator that compares the magnitude of a stock's recent gains with the magnitude of its recent losses. The RSI ranges between 0 and 100 with 70 and 30 commonly used as overbought/oversold levels."

http://stockcharts.com/def/servlet/SC.web?c=SEVU,uu[m,a]daclyyay[dc][pb13!b30][vc60][iUb14!La12,26,9....

imo