ENCY dropped another 5% today. It now sits on the lower Linear Regression line with RSI(2) at 1.44 indicating an extreme oversold condition ripe for a bounce. I want to see it hold green (stay above today's close) for at least 10 minutes before entering the trade.
VXGN is a speculative short play. Wait for it hold red before entering.
DIET is now sitting on the lower LReg line with RSI(2)<1 indicating an extreme oversold condition.
Watchlist for bounce - TGB, COLY
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