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RSI Approaching overbought and hitting 100 day MA Resistance
Hey guys,
I've been looking for the next opportunity to buy in, but as i look at the RSI up in the mid 60's and hitting that 100MA line I'm thinking that it may be more likely to head south 70% than North 30%.
Any feedback from experienced TA's greatly appreciated.
Happy trading
I've been looking for the next opportunity to buy in, but as i look at the RSI up in the mid 60's and hitting that 100MA line I'm thinking that it may be more likely to head south 70% than North 30%.
Any feedback from experienced TA's greatly appreciated.
Happy trading
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