RSI (Relative Strength Index)
RSI: Identifying Overbought and Oversold Extremes The Core Idea: RSI measures the speed and change of price movements on a scale of 0 to 100. It tells you when a move is getting overextended. Mastering the Signal: Look for the 70 level for “Overbought” (potential sell) and 30 for “Oversold” (potential buy) conditions. Survivor’s Edge: […]
