Bought RSX at 38.88

Pros:
EMA(20) and EMA(50) are sloping up -> uptrend
EMA(20) is above EMA(50) -> uptrend
Price is above EMA(50) -> uptrend
Weekly charts indicates uptrend
MACD made multi-month high 2 weeks ago -> uptrend
CCI indicates oversold
RSI(4) indicates oversold
%B indicates oversold
Chaikin Money flow positive
Higher lows since Jan 1st
Has closed down two days in a row
Accum/Dist confirms uptrend

Cons:
Force Index(13) just turned negative
MACD sloping down suggests rally may be tired

Channel height: 3.93
30% of Channel height: 1.18
Target: 38.88 + 1.18 = 40.06
Stop: just below year open, at EMA(50), at 38.22

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