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      04-17-2012, 12:21 PM   #814
Hisam135i
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Quote:
Originally Posted by Vanity
Quote:
Originally Posted by r0wr View Post
does anyone like aapl? rsi is way oversold right now
I wouldn't say it's way-oversold atm, but an RSI of 43 definitely has neutralized the stock for the time being. It's not a terribly "bad-buy" for the short-term, if what you're asking is if it's likely to correct upwards. I believe it will. However, I don't know how much return you'd be likely to squeeze out of that stock at $600. Maybe 10%?
Agreed a stock has to move a lot at that price level cant really expect much
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