TA Challenge: How does RSI tell whether a stock is overbough...

TA Challenge: How does RSI tell whether a stock is overbought or oversold?

RSI stands for the relative strength index. It's a tool for gauging whether a stock is in the overbought or oversold zone. Do you know h Show More

RSI stands for the relative strength index. It's a tool for gauging whether a stock is in the overbought or oversold zone. Do you know how to use it to find the dip and manage risks? Join our discussion and share your insights with us! If you're not familiar with RSI, check our RSI definition for more information

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Meta Moo

Apr 30, 2022 05:04

Another powerful indicator for your successful trading

USD 20 Stock Cash Coupon Giveaways
TA Challenge: How does RSI tell whether your stock is overbought or oversold?
In the previous TA challenges, we had learned the use of trading indicators such as MA, MACD, EMA, DMI, and BB. In this new session, we're going to explore the use of the relative strength index(RSI). With RSI, you can better evaluate whether a stock is in the overbought/oversold zone.
Let's tap the following post title to start ...

TA Challenge: How does RSI tell whether a stock is overbought or oversold?

Meta Moo

Apr 30, 2022 03:59

Part One: Seek to buy the dip with the RSI indicator

USD 20 Stock Cash Coupon Giveaways
TA Challenge: How does RSI tell whether your stock is overbought or oversold?
Post your learning results by taping the discussion: How does RSI tell whether your stock is potentially overbought or oversold?
Hi, mooers!
The 3rd TA challenge is live! In this new session, we're going to learn how to use the relative strength index(RSI) to try to spot the dip of a stock. Say no more. Fasten your seat belt. Le...

TA Challenge: How does RSI tell whether a stock is overbought or oversold?

Meta Moo

Apr 30, 2022 04:24

Part Two: How do I use the RSI to trade?

USD 20 Stock Cash Coupon Giveaways
Post your learning results by taping the discussion: How does RSI tell whether your stock is overbought or oversold?
Hi mooers!
Have you used the RSI to help you decide whether to buy or sell a stock? If you have, you may find the RSI doesn't work sometimes. Even if it falls below 30, it doesn't go up at all. Instead, the price keeps falling.
Therefore, it's better to adopt the RSI indicator with other indicators to...

TA Challenge: How does RSI tell whether a stock is overbought or oversold?

nerdbull1669

Jul 12, 2023 00:26

BIODEXA Pharmaceuticals (BDRX) Technical Analysis

$Biodexa Pharmaceuticals (BDRX.US)$ has risen more than 42% in yesterday trading. And it has been trading upwards.
The positive news that have given it such a good surge is theCompletion of Enrolment and Treatment in the Phase 1 Study of MTX110 in the Treatment of Children with Newly Diagnosed Diffuse Midline Gliomas (DMGs).
See the highest price is actually more than 9 dollars in yesterday trading. I would expect a good Gap Up to happen.
I will be...

TA Challenge: How does RSI tell whether a stock is overbought or oversold?

nerdbull1669

Jul 2, 2023 22:51

XPeng Inc. (XPEV) Technical Analysis

$XPeng (XPEV.US)$ delivered 8,620 units in June, down 44% from the 15,295 delivered in June 2022.
XPEV share price which has struggled the most lately. Shares of XPeng have fallen 56% over the past 12 months, while the S&P 500 and Nasdaq Composite have gained about 16% and 24%, respectively, over the same span.
But if we considered the recent last quarter (Q2) for XPEV share price. It did drop briefly after its earning report in May 2023, but it seem to be on a...