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Good Timer

Re: Cleveland12 post# 41421

Tuesday, 10/06/2020 7:08:48 PM

Tuesday, October 06, 2020 7:08:48 PM

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I apologize Cleveland12. My cut and paste was of the wrong url. Let's try this again:

What are you looking for to tell you it is the right moment? I'll give you my thoughts to maybe help.

http://schrts.co/ETNumdQF

The RSI at the top of the chart has been a good indicator. When it goes into overbought territory and turns green seems to be the time when the stock wants to take a breather. When the RSI hits the oversold territory at 50 seems to be the time to buy. If this stays valid, we are just entering overbought territory and now would be a dangerous time to buy.

I'm going to let it rise a bit more into the overbought territory, and then sell about 25% of my holdings, hoping for a drop in RSI. If it rises, I'll be happy and if it drops, I'll be happy to buy more than I had.

Past performance doesn't ensure future results, but it does offer a way to strategically plan.
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