For short-term, technical indicators like the RSI, Bollinger bands, and Bollinger bands. The reason is that they always point toward the direction in which a stock is expected to be headed in the long run. For example, a stock going up and up is always good news; a stock going down and down is always bad news. It’s also very useful for short-term price movements as well. Just look at my chart of the NASDAQ Composite and you’ll see the volatility and movement is always positive toward the long-term direction – long-term, for example. (If it is going down, look for it to go up before the end of the day on the following day. In this case, the long-term price would be moving up to $1400 by the end of Monday.)
The RSI on the other hand points to the short-run direction, the direction in which we can usually predict the direction of a stock. So if the RSI is negative when a stock is going up, then the stock is expected to continue growing, regardless of whether it has a positive or negative long-term price movement. In other words, it will always point toward positive. If the RSI is positive when a stock is going down, then the stock is expected to decline, regardless of whether it has a positive or negative long-term price movement.
How can one determine whether or not a stock is a good short-term bet?
The stock’s movement to the positive sign is an indicator of positive growth for the stock. It’s also an indication of the firm’s future profitability. If you buy the stock while it’s down, you’ll probably get a loss on the stock. But if the stock is in the positive sign, buy the stock today and sell it again at closing time on Monday or Tuesday, because there may be some positive movement that is coming, and we expect it to continue.
Why should I buy a stock on a Monday if it’s going up?
The short-run trend is one indicator of an asset’s potential future value. It’s always positive going the other direction, even if the long-run trend is going down. However, if the long-run trend is going down, then the short-run trend is always positive. For example, if a stock is going down while the value of the market is heading up, then you’re buying into a potential upward price movement. If the value of the market
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