1. One of the readers has queried regarding amplification of V while making trading than one must first of all understand the way the alphabet V is made and it starts from top left and than goes towards top right. Start from Top left of V symbolises the start of down trend and the movement from centre of V to top right symbolises bullishness in stock. So make an endeavour to buy the stock when it is on to the right side of the V i.e. in the uptrend.
2. Other reader has asked for RSI formula which I will be posting shortly. 14 days RSI above 70 becomes overbought and RSI 30 indicates oversold.
Answer to Readers Queries
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