re: where are the chompers ???rsi HDR has been in overbought for...

re: where are the chompers ???rsi HDR has been in overbought for the last 4 weeks on the RSI. In an uptrend you cant take any notice of RSI or any oscillator, when it is oversold in an up trend that is when it can get tasty. It will be interesting to see how much of the value remains in the short term when/if Oil comes of the boil. The only real support that i can see is the 2.10 as it was resistance for so long. The question is will the short to medium and CFD traders want to give back 20 cents (2.30-2.10). Long term holders this makes no real difference to their strategy. From what i see this stock can be manipulated, it has the characteristics of some insider knowledge on some trades and can sell quite hard when the market panics. No body can complain about the last 4 weeks if they have been in this stock regardless of their trading timeframe.... AS LONG AS THEY WERE LONG >>>>> Isn’t that right Time Traveller