SamSuka
The Long Investor
The Long Investor

patreon


$BABA

Nice continuation on yesterday for $BABA, in spite of the noise in the US market, RSI and MACD broke bullish on Monday and has looked strong since, like I've said before, the ideal spot to buy and for a reversal is when the RSI breaks above the oversold 30 territory, not when it is at 70....which is exactly where $AAPL is now, meaning $AAPL is into the overbought territory and does not indicate the start of a bullish move.

$BABA

Comments

Edited, thanks for that catch

Gareth Neary

Apple into oversold territory or overbought ?

Kristof Van Nevel


More Creators