Day traders' bring-on-the-weekend lounge August 20 -22, page-20

Hi Aussie, go Cats!

QUBT. No it's not in oversold territory yet, RSI is hovering fairly low but I wouldn't consider it oversold. It's a bit of a worry when the SP falls through all the important EMA's, hope it improves for you.



On a weekly chart it's hanging strong on the 65EMA, (white) and I'd be concerned if it fell through the 200EMA as that would indicate re-testing lows.



Cheers