I am trying to understand why AMD slip down a bit. I am looking at RCI and it is 27.27 so it is oversold now. But it also means that it is good time to buy it, right?
hmm, no answers. I guess that I was misinterpreted. My intention was just to know that I read RSI indicators correct: it is below 30 and generally this is time to to buy stocks - If I only pay attention to RSI indicator. But we also have MACD and I am still not sure how to read it: if I understood correct It signals to sell. I am looking at TTT posts about AMD and compare it to chart to understand it better.
You are correct Andre and learn the ups and downs of the Bollinger Bands. Study hard there will be a test Introduction to Technical Indicators and Oscillators http://stockcharts.com/school/doku....ction_to_technical_indicators_and_oscillators
