This strategy is a simple strategy based on RSI (2) 95 5. The strategy here is when the stock hits 95 or more it is in a OVERBOUGHT state and usually retracts, so if you short the stock at anything 95 or above you have a chance to ride the stock down.
The same strategy holds true when the stock hits 5 or below, the stock is in a OVERSOLD state and usually moves up, so if you long the stock at anything 5 or below you have a chance to ride the stock up.
As in any stock trading strategy there is risk and there is no HOLY GRAIL, but HOLY CRAP you can sometimes make some money!
The same strategy holds true when the stock hits 5 or below, the stock is in a OVERSOLD state and usually moves up, so if you long the stock at anything 5 or below you have a chance to ride the stock up.
As in any stock trading strategy there is risk and there is no HOLY GRAIL, but HOLY CRAP you can sometimes make some money!