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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: SpecialK who wrote (41214)11/22/2002 6:30:30 PM
From: Terry Whitman   of 52237
 
I look at RSI 2 ways.

1) I look for a confirmation or divergence with the price.

2) I look at the absolute level. Below 50 tends to be a weak stock. A cross over the 50 level is bullish, and vice versa.

AMGN looks interesting. Like you said, if it can break thru resistance on increasing volume, it'll probably run much higher..
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