Above the RSI (high) 90% there were major tops and long corrections. Major tops were 6,5 and 3 times higher than the 20-week MA. Local tops were about 1.6 to 2 times higher than the 20MA.
We are now 2X above the 20MA.
BIO
We are now 2X above the 20MA.
BIO
Note
Just found a practical indicator to look at difference from MA
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.