chart daily, page-1804

I'm asking myself 'what's different about this pump vs other times'.............

If you look at the RSI in the lower part of the chart I've drawn a horizontal level to get a sense the RSI reading relative to other times. It's definitely in the top 5% (maybe less i'm just eyeballing it) of prices rises in the last 2-3yrs. No divergence yet so on the basis of probability there's reasonable chance it could go higher with some consolidation in between. Yes take it with a grain of salt as most ppl use this as a divergence indicator, but as we all know RSI can stay elevated for some time before any mean reversion occurs.



MK.