The Kobeissi Letter (@KobeissiLetter) posted at 2:36 PM on Thu, Feb 15, 2024:
This is absolutely insane:
The daily RSI on Super Micro Computer, $SMCI, just closed the day at 97 as the stock pushed above a record $1,000/share.
There is only ONE company in history that has managed to mark a daily close with a daily RSI above 97.
Which company was it?
It… https://t.co/Lkod69ddn8
(https://x.com/KobeissiLetter/status/1758259101405007970?t=LjK8b2gGQr-GynCbK2gtuA&s=03)
This is absolutely insane:
The daily RSI on Super Micro Computer, $SMCI, just closed the day at 97 as the stock pushed above a record $1,000/share.
There is only ONE company in history that has managed to mark a daily close with a daily RSI above 97.
Which company was it?
It… https://t.co/Lkod69ddn8
(https://x.com/KobeissiLetter/status/1758259101405007970?t=LjK8b2gGQr-GynCbK2gtuA&s=03)