RE: Bounce coming?11 Feb 2026 12:07
Over bought is what traders call it.....
It is in fact just about sentiment and DEMAND....
if the conditions are right, macro and company fundamentals RSI can remain high for as long as the company believed value remains higher and people are being more than those that think itvis 'overbought' on a small figure not related to anything of value
At 88 RSI the company was still undervalued, it is even more undervalued now, traders instigated this and weak hands folded like a pack of cards....