What should I buy in place of aqn..

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HI

Another site is showing aqn will rise and continue to rise..but if I sell it..what should I buy in it its place

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Asked on October 12, 2020 1:39 pm
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ok thanks

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Posted by Ayesha Ahmad
Answered on October 12, 2020 4:16 pm
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Hey there. We're still bullish on AQN over the long term.

The RSI is simply a short term technical indicator. For a long term holder, this should mean nothing.

The RSI is measured over the previous price movements over the last 2 weeks for the stock. So by no means does the stock being in overbought territory have any impact on its long term fundamental strength.

One of the primary uses for the RSI in this situation may be an investor looking to take a position in AQN may want to see if it does indeed dip because it is in overbought territory prior to take a position.

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Posted by Dan Kent
Answered on October 12, 2020 2:12 pm
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