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Using the RSI Indicator Correctly Can Increase Your Odds of Success
Of the dozens of indicators on the market, one of my personal favorites is Relative Strength (RSI), a momentum oscillator that measures the speed and change of price movements of a stock. The closer RSI gets to its 30-line, the more oversold the stock is considered to be. The closer RSI gets to its 70-line, the more overbought the stock is considered to be.
How to Use the Chande Trend Meter (CTM) with 80% Success
Unbelievably, technical analysis is still written off as useless.
In fact, some denounce it as a laughable study of charts, patterns, and squiggly lines without any concrete or profitable results. Others argue it’s only good for short-term trading.
However, none of that is true.
52Patterns sends chart breakdowns, explanations and current market analysis 3x per week and there is NEVER any cost to our readers!
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