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imdbeststocktrader
15 sty 2017 13:37

GAL (GYSCOAL ALLOYS LTD) - Long Long

Opis

GAL (GYSCOAL ALLOYS LTD) - Long

Price will move up till he trendline on RSI. If the price breaks that trendline then price
will move much higher and you need to exit if it retraces from the RSI.

RSI broke the trendline on 24th November 2016 and price moved considerably.

Trend is your friend. Price is above 200 and 50 SMA, suggesting an uptrend.

Komentarz

RSI did not break the upper trendline. Trade did not get activated. Now the RSI has broken the bottom trendline.
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