This brings us to candlesticks, which you should be very familiar with, as they are probably the clearest way to see quickly what the market is doing. Over the last few decades, traders have begun to...
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Technical Tools
Traders can use several tools that are called oscillators. As the name implies, these go up and down on a range of figures, which may be labelled something like 0% to 100%, or 0 to 2, depending how...
Relative Strength Index (RSI)
You may think this is a misnomer, as ‘relative’ normally means relative to something else, such as the sector or overall market. Relative in this case means the stock’s movements...
