The RSI didn't quite hit 70 but it was close I am not certain yet because of a few other things:
- I am waiting for the body of a candlestick to cross the EMA line
- I am waiting for a MACD signal
If my chart confirms it then I think a good buy would be 224-230 which is where my support is
I wouldn't take that to heart because I usually wait for my chart to...
RSI hit above 70
MacD shows Signs of reversal
I am only waiting for the candles to hit $230.50 on the 15 EMA line (I set a stop-loss at this price)
I think a conservative re-entry would be $226 maybe but that is up to you. ( didn't look for a support tbh)
This is a short term reversal btw
I am not a professional, I am just learning and doing this for fun!