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Yep. RSI and 200 EMA are the best indicators. My requirement is...

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harry2010

2,314 Posts.

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30/05/21

00:24

Post #: 53513144
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Originally posted by AJ7: ↑

no idea about multiple tickets rsi, is it possible to do that? That will be a new thing to learn.

I usually take position when rsi is between 20 to 30% and SP is above 5% of 200 day moving average that’s shows a potential upside in short to medium term and absolutely no downside especially when SP coming up towards 200 SMA from behind like NWH ...I have noticed funds starts to kick in at this indicator.

WPL recently bounced off 200 Day moving average and I am watching it. RSI is still high in 40 so my idea is it will come down to 19 to 19.5 and then change the down trend...that’s where it long term support is.

if a stock is strong up trend then SMA 15 to 35 always work depending on beta of stock...apt biggest bull run was 15 day SMA.

RSI alone is very bad indicator when stock is strong down trend like Apx & A2M & zip...so you got see it with respect to 200 day moving average for safe bets and always use stoploss in case if you get trapped then loss is a small loss which makes your trade more safer

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Yep. RSI and 200 EMA are the best indicators.

My requirement is - I want to know all the tickers in ASX200 which are in the range of 20-30 RSI. Not even one website gives me that information. ;(
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