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