NEU 0.15% $13.13 neuren pharmaceuticals limited

Haha, there's some funny folks around isn't there.So for the...

  1. 14,561 Posts.
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    Haha, there's some funny folks around isn't there.

    So for the welded on holders, all still looks fantastic.

    https://hotcopper.com.au/data/attachments/5848/5848460-f192477ecdde9ae865b17ba5e1475802.jpg

    Here's something I noticed for those playing with TA. I don't use RSI as I have far better indicators to tell me the same thing but check this out. When you go to charting school they tell you that when RSI goes above 70 then it moves into overbought territory and when RSI goes below 30 in moves into oversold territory.
    Check out the below chart with RSI on the bottom. It went above 70 back on the 9th November (oversold??) and the SP continued to climb. Only when the SP spiked hard and the RSI went above 90 did we see some cooling off required which it did (blue circles)
    Seriously, don't take any notice of RSI until it's above 80 or well below 30. IMO.

    https://hotcopper.com.au/data/attachments/5848/5848475-369bd91d9303a575713e9d27981fe5df.jpg

    Cheers.
 
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