Tnsplyr, here is the information you requested relative to past MONTHLY oscillation peaks, troughs (peak is inverse - buy at peaks, sell at troughs). Don't confuse a intraday trend with a monthly oscillation, both give different answers depending on the information sought.
(approximate dates, prices)
Feb 10 Peaked at $30, began troughing at $40 back down to $32 where it touched bottom (with a descending momentum - which RSYS displayed at the time, oscillation gives irregular readings)
Feb 18 Peaked at $25, definite trough at $35
April 15, Peaked at $29 1/2, troughed at $40
June 5, Peaked at $35, troughed at ???
It hasn't troughed yet on the monthly chart which means RSYS has potential to the upside ($45 to $48) as long as RSYS' momentum remains intact (a different reading). |
