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Due for a pullback on RSI - while this is still undervalued for...

  1. 647 Posts.
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    Due for a pullback on RSI - while this is still undervalued for LTH, the 60% jump from the $0.09s to $0.15 has only taken 2 weeks. I don't do all the TA stuff, but I always find the RSI interesting to watch as for most shares it truly never does spend too much time either above or below those red lines. Every time we've touched the upper in the last year there's been a short term pullback, and currently we're sitting in overbought territory for the longest time ever for the last 12 months.

    And as Allens said, it's not taking much volume at all to knock it up or down a couple pips at the moment either.
    https://hotcopper.com.au/data/attachments/4214/4214886-cf5a556db8f7af8121eef53953ec0a3b.jpg

    Last edited by PutUsernameHere: 29/03/22
 
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