Posts Tagged ‘relative strength index’

Using Relative Strength Index (RSI) To Determine Stock’s Momentum

January 21st, 2010 | Filed under: Trader Lessons,

One of the aspects I teach through Chart Pattern Manifest is how to use a host of indicators and then integrate them into your overall stock charting analysis as needed.

As the markets have started to dip over the last couple of days, I thought it would be appropriate to share an

ZAGG. Your Passport To Riches

I have been following Zagg, Inc. (ZAGG) for that last week, since it was tipped to me. There is no doubt the stock has been on a steady uptrend for some time, but it looks like it has leveled off and moved into sideways movement.

Getting ready for our

Amazon Sitting On The Fence

Very rarely do you get all the indicators and patterns to align so together, but that looks like what is happening with Amazon (AMZN).

Looking at the chart below we see that a triangle pattern is being formed as price is starting to funnel in. At the same time