juicyjeff420
Short

RSI 55 level constantly providing sell signals

NYSE:OXY   OCCIDENTAL PETROLEUM CORP
OXY
47 0 1
oxy
Notice every time 55 breaks, there's a long down trend in the RSI to somewhere around 32. It's obvious that this is going to happen again, because the downtrend has already been developing for the last several days.
Comment: I drew the bottom edge of the box too low, it should be at 50, because notice how in july and in december, it kept on bouncing off of 50. as soon as it broke, there were big down moves. So this trade has just become more risky, but I still think its a good short to take
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out