Page 64 - Intelligent Investing (3)
P. 64

ALWAYS check the RSI before doing ANYTHING





       Relative Strength Index (RSI) - The relative strength index (RSI) is a momentum

       indicator used in technical analysis that measures the magnitude of recent price

       changes to evaluate overbought or oversold conditions in the price of a stock or

       other asset. Check that orange line at the bottom of the chart. Over 70 is

       overbought(SELL) and under 30 is over sold(BUY). Check the Orange Line Below
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