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Re: Al Money post# 20932

Monday, 11/23/2009 10:00:18 PM

Monday, November 23, 2009 10:00:18 PM

Post# of 56514
RSI indicates strength relative to the last, typically, 14 trading days. An RSI that gets above 70 is an indication that the trend is well above average in strength. When a stock crosses into that level, it's got significant momentum that has a propensity to snowball. It's indicative of big, fast moves and could last for days.

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:relative_strength_in