RSI is relative strength index.
Check out.
http://www.incrediblecharts.com/technical/relative_strength_index.htm
The only way to confirm a key reversal down is to watch the stock trade lower than the previous days low. The day of the key reversal, the low was 7.53 so if it had traded below 7.5 I would have gotten out.
Exl traded higher today so it might just make it to $8.
Just a hint, most people take profits at big round numbers, best to try and get out before everyone else does and sell at 7.9 - or 7.95 you get the picture.
target $7.75, page-16
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 (20min delay)
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $6.605M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $29.32K | 6.990M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 7567000 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 11215825 | 14 |
View Market Depth
| Last trade - 15.57pm 30/08/2024 (20 minute delay) ? |
| EXL (ASX) Chart |