Replies to post #7587 on World Surveillance Group Inc (fka WSGI)

[wolfrun]

Relative Strength Index (RSI) A popular oscillator developed by Welles Wilder, Jr. and described in his self-published 1978 book "New Concepts in Technical Trading Systems". RSI is plotted on a vertical scale from 0 to 100. Values above 70 are considered overbought and values below 30, oversold. When prices are over 70 or below 30 and diverge from price action, a warning is given of a possible trend reversal. See ChartSchool article on Relative Strength Index.

Relative Strength Index link:

http://stockcharts.com/education/IndicatorAnalysis/indic_RSI.html

[clearcoated]

Watney, RSI explanantion:

http://stockcharts.com/education/IndicatorAnalysis/indic_RSI.html

I don't always know why or how, but more just notice a pattern.

15 min/ 20 day:
http://stockcharts.com/def/servlet/SC.web?c=GTEL,uu[h,a]gaclyyay[d20][pi][vc60][iut!Ub14!Uc20!Lh14,3...