remember that this is an extreme market environment and RSI does
not work as well on individual stocks as it does on indexes, lot's
of stocks with RSI 2 well below 1
here's a scan from Stockcharts.com showing stocks with RSI 2
below 1% and that are still above their 200 day MA's
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XOM
Posted by wowten on 4th of Jun 2012 at 10:51 am
rsi 2 at 0.74 has been under 2 for several days
rsi 5 around 8
XOM
Posted by morton13 on 4th of Jun 2012 at 12:17 pm
close to filling gap from last November, maybe that will be the bottom!?
remember that this is an
Posted by matt on 4th of Jun 2012 at 11:17 am
remember that this is an extreme market environment and RSI does not work as well on individual stocks as it does on indexes, lot's of stocks with RSI 2 well below 1
here's a scan from Stockcharts.com showing stocks with RSI 2 below 1% and that are still above their 200 day MA's