"Seen the RSI do 75 plus for weeks ....AnyOne that sells on 70 RSI is a KillJoy!! and Not only shoots themselves but everyone else!
ERBB will only go Up when the common denominator Mind Set is 0.05 plus!
Take it to 0.05, and Slaughter each other Up there...why not...??!!...More fun than doing it down here!!
imo..."
Good point. I would normally feel compelled to act on RSI reading when it touches 30, if it shows a history of bouncing there. But to sell at 70 might be OK, you might also get left in the dust of lost profits. Let it run!!
... sounds like herb