MET put in a +24.9% day on $15M volume.
That move pushed the 14-day RSI to 85. Price is now testing the 7-day high of 0.462, well extended from the 20-day moving average at 0.340.
An RSI that high is a classic fade signal, but momentum is clearly on. Are you selling into this strength or buying the breakout?
$MET
We post through the day, every day. Follow if this is useful.
That move pushed the 14-day RSI to 85. Price is now testing the 7-day high of 0.462, well extended from the 20-day moving average at 0.340.
An RSI that high is a classic fade signal, but momentum is clearly on. Are you selling into this strength or buying the breakout?
$MET
We post through the day, every day. Follow if this is useful.
