posted
i'm trying to figure a way to know the dips in the daily active stocks .... can anyone help me with a good to determine if some point is a dip or not?
IP: Logged |
posted
I wouldnt use them for daytrading.... only swing and position trading... daytrading goes too fast... but if you mean using them the night before you trade to have stocks to watch.. then use them in conjuction with Volume... if you want to buy on a dip with RSI then look for it to go to RSI or lower and then it starts to upswing on increasing volume... that could be a sign of a new uptrend.. as for OBV it pretty much tells you when money is pouring into a stock or not...
-------------------- Let the world change you... And you can change the world.
posted
oops didnt type out the whole thing... below is the edited line:
if you want to buy on a dip with RSI then look for it to go to RSI "30" or lower and then it starts to upswing on increasing volume... that could be a sign of a new uptrend..
-------------------- Let the world change you... And you can change the world.
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
