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14/11/23

21:09

Post #: 70901007
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Originally posted by Veritas2000: ↑

Sure

Taking the 15 minute candle chart for VMM
1. The RSI line is shown below the share price chart ..I have marked with an arrow the point where the blueish line is about to jump above the redish line...which would signal a potential bounce.

Simply remember that RSI (like most indicators) are lagging

NB - this will depend on what time frame you chart

Eg

Hourly candles

Daily Candles

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Thank you so much for educating me.
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