I haven't seen a chart like this.
Overbought conditions tend to go to extremely high levels. ( RSI<30 oversold & RSI>70 overbought).
Technical Analysis:
I see a positive divergence between the bull rally from February (marked in the chart) and this June bull rally, is that the OBV is 50% higher!
RSI(10) @89, last rally ended on RSI(10) @94.
Check out the chart for more information.
Overbought conditions tend to go to extremely high levels. ( RSI<30 oversold & RSI>70 overbought).
Technical Analysis:
I see a positive divergence between the bull rally from February (marked in the chart) and this June bull rally, is that the OBV is 50% higher!
RSI(10) @89, last rally ended on RSI(10) @94.
Check out the chart for more information.