Stocks to watch on Monday #4

I think we already know that; the RSI level does not count much in a strong uptrend.
It can stay above the 70 RSI line longer than you think.
We can take Snapchat as a perfect example. Unfortunately, I sold them before the earnings report.
I am not saying that CHGG will also jump 40-50% on positive surprise, but in this case: we have to ignore the presence of the RSI indicator for a shorter period of time until the momentum weakens.

Trade safe and check my related ideas!