Price Channel + RSI trading
Price channel trading involves identifying a range of prices in which is trading and buying when the price hits the lower end of the range and selling when it hits the upper end of the strategy to trade within the range and that the price will eventually revert the mean.
RSI trading involves using the Relative Index (RSI) identify overbought and oversold in a stock. When the RSI is above 70, is considered overbought, and when the RSI is 30, the stock is considered overs Traders may buy when the stock is oversold and it is overbought, assuming the price will eventually revert of these strategies can be used to make money trading stocks, but careful analysis and to be successful. It's important to do your own research and consult with a financial advisor before making investment decisions.
Price channel trading involves identifying a range of prices in which is trading and buying when the price hits the lower end of the range and selling when it hits the upper end of the strategy to trade within the range and that the price will eventually revert the mean.
RSI trading involves using the Relative Index (RSI) identify overbought and oversold in a stock. When the RSI is above 70, is considered overbought, and when the RSI is 30, the stock is considered overs Traders may buy when the stock is oversold and it is overbought, assuming the price will eventually revert of these strategies can be used to make money trading stocks, but careful analysis and to be successful. It's important to do your own research and consult with a financial advisor before making investment decisions.