Rocket Stocks for Swing and Positional

Just read the thread. What i could understand is if a stock is trading below 200 EMA daily closing basis, and it tests 200 EMA, it is ready for a breakout, provided RSI is greater than 50. Is my understanding correct?

Also, while checking with Bollinger Bands, if the 2 std deviation is tested, and stock is above 200 EMA can we assume its a breakout, provided RSI is >50?

Similar threads

Broker Special Offers

Intraday Higher Leverage

Save up to 90% in brokerage and get higher leverage for intraday trades.

Are you a day trader?