SuperNoobPaPa
Deep Sea
:
This is not how you use RSI, overbought or oversold region does not mean it is overbought or oversold. An uptrend stock can continue to be in oversold region for a long time. Most useful indicator is using it for divergence. Please stop mislead people.
But oh well, stock that keeps going up will bound to have correction. So you will be correct eventually. But it is not a reason to sell / exit.
104536346 : What is the minimum price?
Deep Sea :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
RSI now hit 70 already.
102546891 : Don't based on RSI, hedge funds won't sell just because RSI hit 70
Deep Sea 102546891 : RSI is right most of the time.
Deep Sea 102546891 : When a stock is overbought, there is bound to have profit taking and sell off.
sentosa island 104536346 : 28.90
104536346 sentosa island : Thank you.
SuperNoobPaPa Deep Sea : This is not how you use RSI, overbought or oversold region does not mean it is overbought or oversold. An uptrend stock can continue to be in oversold region for a long time. Most useful indicator is using it for divergence. Please stop mislead people.
But oh well, stock that keeps going up will bound to have correction. So you will be correct eventually. But it is not a reason to sell / exit.
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