EKM eleckra mines limited

overbought, page-6

  1. 1,208 Posts.
    Are you joking?

    Any stock that runs like EKM has will immediately move into the 'overbrought' zone as the indicators (RMI/RSI etc) are comparative. This is in no way a sell signal.

    As the share falls it moves out of the overbrought zone and this triggers sell signals. Works the same for oversold.

    Meanwhile, share price is rising, coupled with great volume, OBV looks great. higher highs, higher lows.

    And to top it off, this is backed by fundamentals plus real potential. All good.
 
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