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"I have widened the RSI7 thresold from 70/30 to 80/20 thus...

  1. melastcracker
    2,080 Posts.
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    05/10/17
    22:08
    Post #: 27697065

    "I have widened the RSI7 thresold from 70/30 to 80/20 thus heading to the more extreme end of the short term oversold condition. Usually points to a bounce not too far away as can be seen with the 2 previous occurrences on the daily."

    Thanks for that Armch, it certainly looks well oversold to me as well.

    Cheers.
    AJX Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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