I wouldn't go as far as to say KRC is over sold. RSI movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions. The level of 50 represents neutral market momentum and corresponds with the centre line in other oscillators. KRC at end of trading today stands at around 47.5 so we are just below the neutral line.
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As usual these are my interpretations only. DYOR and good luck to all holders![]()
I wouldn't go as far as to say KRC is over sold. RSI movements...
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