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Readers of my posts on Elliottwavetrader.net may know that I consider RSI, or the Relative Strength Indicator as an extremely important adjunct to T-Theory. While it is normally measured for the same period (14 periods is the norm), one should keep in mind that using it as a trading tool on its own for individual stocks will give varied results, based on the volatility of the stock you are reviewing. A crypto mining stock will have many more overbought and oversold readings than a utility, for example. It is one of…
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