15 Min RSI on AMC SUPER OVERSOLD!
$AMC Entertainment (AMC.US)$
See the 15 minute graph below, the RSI is now showing at 14.76% (now 13.04%!). This is just incredible. All RSI indicators are flashing Oversold now. What does that mean for us?
Just sit back and enjoy the weekend. The algorithm is trying to scare you by releasing selling pressure to make weekly call options OTM at $16, and now AMC is way oversold. Time for a bounce next week! 😉
See the 15 minute graph below, the RSI is now showing at 14.76% (now 13.04%!). This is just incredible. All RSI indicators are flashing Oversold now. What does that mean for us?
Just sit back and enjoy the weekend. The algorithm is trying to scare you by releasing selling pressure to make weekly call options OTM at $16, and now AMC is way oversold. Time for a bounce next week! 😉
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