AI
Tuesday, March 22, 2005 12:45:48 PM
Sebass, approximately 3 days or so .. but it can be longer.
The price should still continue moving up/laterally as the 2 lines get closer each day. It's very simple and like clockwork. The footpath for the breakout is already set, it's now just a matter of watching the two lines converge and cross ... This is the fun part
Once they converge and cross and finally start moving up, look for oversold signals from Stochastic and RSI to tell you when to take some change off the table and reinvest it on dips.
The price should still continue moving up/laterally as the 2 lines get closer each day. It's very simple and like clockwork. The footpath for the breakout is already set, it's now just a matter of watching the two lines converge and cross ... This is the fun part
Once they converge and cross and finally start moving up, look for oversold signals from Stochastic and RSI to tell you when to take some change off the table and reinvest it on dips.
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