top of page

Mr. Price | Insights From The Monthly Chart

Writer's picture: Lester DavidsLester Davids

Wednesday 30 October 2024

Time Published: Pre-Market


  • Recently, the share's 7-month RSI reached a high of just above 90 (end-September)

  • Historically, the subsequent return after the RSI reading of 90 or above has resulted in either a consolidation phase, or a pullback.

  • This highlights the poor prospects for new buy/long positions.



Lester Davids

Analyst: Unum Capital

4 views0 comments

Recent Posts

See All

Comments


bottom of page