Sunday, November 12, 2017 1:46:33 PM
I was just going over some indicators to use to help confirm that a price reversal might be happening. I like the RSI trend line method on the daily chart. Notice that a divergence has been going on for almost a year and finally in November we got a confirmation that the trend is changing.
This doesn't happen like this all the time, but it is interesting when it does.
LABD This will be one to continue to watch for the RSI to touch the trend line and see where the price ends up.
This doesn't happen like this all the time, but it is interesting when it does.
LABD This will be one to continue to watch for the RSI to touch the trend line and see where the price ends up.
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