September 1, 2017

Stock watch: HINDPETRO

- trend is up on daily, weekly and monthly charts
- see breakout on monthly charts... at 120
- RSI lovers note stock was overbought at 210 levels
- it corrected a bit and then blasted to 480 levels
- now it is overbought again

If anyone was shorting because stock was overbought, he would have lost several times in this rally.

No comments:

Post a Comment

Share this...