Can Fin Home-RSI – EQSIS PRO

Kishor, March 28, 2019, General Business

Can Finance Home right now uptrend. But RSI above 75. My point of view it’s going up but compares to RSI it’s overbought. This case, we wait for down confirmation ..? Please advise

2 Comments

Naresh 5 years ago

Hi,
Your work is good. when the RSI rises above 70 it simply indicates the strength of the stock but do not indicate an overbought scenario. When the stock fell below the 70 level after a rise then the stock is considered to be overbought and might be due for the bearish rally.

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Kishor 5 years ago

Thanks Naresh. And Could you have any Eqsis student whatsup group could you add my number, please(8056102822)

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