$EIGEN is up 10.8 percent today and I am passing on it
The 1h RSI is sitting right at 75 and that is just too stretched for comfort
I need to see an hourly close and hold above $0.28170 before I look at it again
Or I want a pullback that holds $0.24140 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $EIGEN here or waiting for $0.24140
#EIGEN #RiskManagement
The 1h RSI is sitting right at 75 and that is just too stretched for comfort
I need to see an hourly close and hold above $0.28170 before I look at it again
Or I want a pullback that holds $0.24140 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $EIGEN here or waiting for $0.24140
#EIGEN #RiskManagement