RSI helps identify potential price reversals by using a 0-100 scale to assess if stocks are overbought or oversold. Traders utilize RSI for spotting ideal times to enter or exit trades, adjusting ...
Shares of streaming giant Netflix Inc. (NASDAQ: NFLX) have entered rare territory. After the recent sharp selloff, which ...
We had no trade exits last week, so in lieu of an Exits post, let’s talk about a technical indicator. One of the indicators that made the materials stock in our Friday trade alert attractive was its ...
The 50-week simple moving average (SMA), currently around $101,700, remains a critical support level for bitcoin. Throughout the bull run starting in early 2023, this moving average has consistently ...
When it comes to trading shifting exchange rates in the forex market, mastering forex technical analysis and the various indicators used in it can be the key to unlocking profitable trading strategies ...
On the technical charts RSI is a significant marker. Usually RSI, or Relative Strength Index, of or below 30 indicates an ...
Bitcoin is bouncing, but only slightly, after falling to its lowest price in months. Is the bull over or will traders defy ...
Learn how to measure the magnitude of price changes in 11 minutes Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Investopedia / ...