Let’s chat about it: the $AKE 4-hour RSI has reached 75.7 (overbought).
When I was new to the space, every time I saw an overbought reading, I couldn’t resist trying to call the top. It took a few painful lessons for me to understand: in a strong market, something can stay overbought for a long time. Now I treat RSI as a reminder, not a switch.
What’s your instinct?
When I was new to the space, every time I saw an overbought reading, I couldn’t resist trying to call the top. It took a few painful lessons for me to understand: in a strong market, something can stay overbought for a long time. Now I treat RSI as a reminder, not a switch.
What’s your instinct?