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RSI at 40 is still not in oversold territory just yet, an RSI...

  1. Exised
    6,131 Posts.
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    10/07/20
    12:35
    Post #: 45777502
    RSI at 40 is still not in oversold territory just yet, an RSI around 28 and she is oversold. We hit extreme oversold in march at 17. I know we are soooo far away for the 200 & 50 EMA that I expected this to be way oversold by now but the RSI number don't lie. I'm seeing further downside to this...

    However, a top up at $8.28 (Lower bol) is a good opportunity if you are holding this long term and buying the dips.
    Last edited by Exised: 10/07/20
    CCL Price at posting: $8.51 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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