When a inventory exhibits an RSI worth above 80, is {that a} good factor or a nasty factor? On this video, Dave evaluations a sequence of examples displaying this “excessive overbought” situation, highlights how these alerts often happen not on the finish of, however typically earlier in an uptrend section, and unveils the best way to use the StockCharts platform to scan for shares assembly this standards immediately!
This video initially premiered on November 13, 2024. Watch on our devoted David Keller web page on StockCharts TV!
Beforehand recorded movies from Dave can be found at this hyperlink.