Market banter version: $AGT 4-hour RSI is 75.1, in overbought territory.
RSI is 75.1, and my blood pressure is rising right along with it.
On a serious note, RSI 50 is often treated as the dividing line between strength and weakness: staying above 50 over the long term means upward momentum is in control; below it, the opposite is true.
With leveraged trading, first work out whether you can withstand the worst-case scenario, then see what the indicators say.
This is not financial advice. Make your own trading decisions.
RSI is 75.1, and my blood pressure is rising right along with it.
On a serious note, RSI 50 is often treated as the dividing line between strength and weakness: staying above 50 over the long term means upward momentum is in control; below it, the opposite is true.
With leveraged trading, first work out whether you can withstand the worst-case scenario, then see what the indicators say.
This is not financial advice. Make your own trading decisions.