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

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"

Komentar:

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.