Feb. 28 at 12:56 PM
$FTI 195 MIN 1% Renko Chart
195 MIN RSI = 89.91 (Extreme)
Weekly RSI: 96.80 (Extreme)
Not only is that extreme, it's parabolic!
I only made a 2% profit on FTI because I used a 2% trailing stop.
If I would have followed my Renko Trading System Rules I would still own FTI. The rule states that on the completion of a 2nd Red Brick all positions would be closed. The completion of the 2nd Red Brick did not happen.
With Trump's War, FTI will probably be up on Monday big time!