KRC chart, page-2298

@bushmaster i’ve noticed on other stocks that i have on my watchlist, is that when their RSI goes to 20 (oversold) it does bounce back up. The one positive i take out of this selloff, is that the SP closed above 5.5c yesterday but the RSI fell harder to be extremely oversold. I firmly believe, that that is an indicator that some people exited and didn’t want to hold on for much long and triggered stop losses as i find that @AussieBryan posts are pretty useful and accurate for my research also, considering i do also ask my brother for his opinion on the way stocks trade as he has a diploma in sharemarket trading. Having said that, majority of stocks corrected yesterday as my brother also pointed out because of Contagion and the ASX was down so too and after looking at all the indicators last night, their was fear and panic amongst investors.