• Tom Shaughnessy
    At the high of $0.47 $MJNA 's RSI was 75, $PHOT 's is currently at 85. Just saying
    1/8/14
    Reply (6)
    • Regarded Solutions: to hi, sell it. are you day trading now Tom?
      1/8/14
    • Regarded Solutions: that should be too high...geez, I need sleep.
      1/8/14
    • Tom Shaughnessy: Nah, I don't generally trade - just invest. Just saying I feel PHOT may be too high.
      1/9/14
    • Regarded Solutions: RSI or relative strength indexes are only good for trading, not for long term investing. It can help with an entry point though.
      1/9/14
    • Regarded Solutions: If you day trade, one of the barometers I used was if RSI was under 35-40 it could be bought, and over 70 should be sold.
      1/9/14
    • Tom Shaughnessy: I agree completely, I was looking at it on a traders view - not that I trade, just a short term indicator. Stock is up like a balloon
      1/9/14