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Online Share Trading

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Russ

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sponono
Super Contributor
Seems to be doing reverse/continuation sell divergence (RSI more overbought than the share price. Your comment?
5 REPLIES 5
Russ
Super Contributor
Sorry, Sponono, can't access my charts on my work computer (long story). Will have a look later.
Russ
Super Contributor
This article paints a gloomy picture for commodities: http://www.mineweb.com/podcasts/podcast-the-cavalry-is-not-coming/
Russ
Super Contributor
I agree and daily rsi and sto are way overbought. It seems to have broken out of its downtrend of the last 10 months, but only just. I doubt it will get through that resistance at about 1600 considering how overbought it is. Maybe a false breakout.
bela
New Contributor
Hi guys, question from a rookie if you dont mind? Consensus is to hold! What would you guys suggest?
sponono
Super Contributor
what a trading update