The RSI Buy – the Series

A follow up to a post on buying the RSI. Here is an example from today that shows a clear entry point when using the 5 minute chart on RDK (Ruddick Corp Com):

As you can see by the arrows, this entry opportunity has been consistent in this stock the past several days. A breach below 30 on the RSI was a good time to prepare to go long. I repeat, a good time to PREPARE to go long.

Keep this in your Trade Play Book.

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