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RF Micro Devices Inc. Message Board

dagurj 1 post  |  Last Activity: Sep 16, 2014 3:12 PM Member since: Mar 30, 2008
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  • Reply to

    considering throwing the towel.

    by purge_dc Sep 16, 2014 2:55 PM
    dagurj dagurj Sep 16, 2014 3:12 PM Flag

    it is ugly watching this action but the stock is way oversold with RSI at 23, you never sell stock with so low RSI, it will go up and get to a normal level. This can go to 6 but I doubt it will go below that, then it will move up slowly to 7 to 7.5 and finds its trading range with the 200 day moving avarage at aroun 7. Don´t sell this is now just a matter of patient. September is also a lousy month for stocks but it gets better in October and then we should start a good run in november. So hold on.

    Sentiment: Hold

11.84-0.33(-2.71%)Sep 19 4:00 PMEDT

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