negative divergence on RSI

Discussion in 'Stocks' started by Warrior4g, Sep 14, 2007.

  1. i don't really follow it much anymore but still look at it from time to time for the heck of it when i'm bored;like now. anyway,look at DRYS and the new high with the corresponding rsi. i see a major divergence that portends a drop to 65. as i said,i don't make trades based on this anymore but just giving those that do a heads up.