RSI Indicator for finding good value stocks?
https://youtu.be/IbWEmgJQHx4?si=D0TUacnxi_9B33qM
- Is a Good RSI Indicator
- The relative strength index is a momentum indicator that looks at the pace of recent price changes to determine whether a stock is ripe for a rally or a selloff.
- Is a Good RSI Indicator
- Traders who are looking for investment opportunities should look for RSI values that hit 30 or fall below that level.
- This allows them to look for investment options that may be undervalued where the price may increase in the future.
- But it's important for investors to remain steadfast and avoid making hasty decisions, since market conditions can change at a moment's notice.
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