Buy? Sell? Short term projections (SMA) give purchase limits

26 lug 2020

With this strategy having performed relatively well during the pandemic, while we do see the upwards trend continued in short term projections; one should at least await for a cross below overbought to get a fair price.

Interesting observation: SMAs fitted to the RSI are converging; such also occurred at the last "big jump" and at the begging of the last slow decline.

Edit: corrected "oversold" to "overbought"

26 lug 2020

Nota

Correction: "Cross below overbought", although given that the bands are built on 7 day periods, I honestly would wait until it crosses below oversold myself.