Hi Trent3727,
I am genuinely interested in your comment that :
'LTR weekly RSI is almost under 30. That's my buy signal. When it gets under 30, I'm jumping in with both feet.'
It sounds as though buying when under RSI 30 works for you.
What % of trades would you say are profitable based on this indicator?
Do you do the same when RSI oversold by 30 by selling/ shorting a stock?
If so, again I would be interested in your success rate.
Based on RSI under 30, are you buying/ watching stocks such as CSL, TCL and CCP which fall into this category?
For transparency I am watching LTR SP with great interest but haven't bought in yet.
Thanks Mikey.
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Open | High | Low | Value | Volume |
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34 | 321661 | 0.890 |
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17 | 389749 | 0.880 |
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