What is the Relative Strength Index (RSI)? The Relative Strength Index (RSI) is a technical analysis tool many traders and investors use to understand how a stock or asset is performing. This means that RSI shows how strong or weak momentum is present in the stock. RSI indicator looks at past price movements to predict … Read more
The Relative Strength Index (RSI) is calculated using a formula that compares the average gains and losses of an asset over a set period of time. Typically, traders use a 14-day period, but this can be adjusted depending on your trading strategy. Let’s break down the formula and walk through an easy example to understand … Read more
The bearish engulfing candlestick pattern is a popular signal, most traders use this to predict the potential reversals in the stock or forex market. It’s often considered a warning that an upward trend may end and that a price drop could happen anytime soon. Here, I’ll explain what the pattern looks like, how it works, … Read more
Understanding the Bullish Engulfing Candlestick Pattern When trading in the stock market, it’s important to understand different patterns that can help predict price movements. One such pattern is the Bullish Engulfing Candlestick Pattern. Many traders like this pattern because it shows the potential reversal signal from a downtrend to an uptrend. What is a Bullish … Read more
Mutual funds offer several benefits such as professional management, diversification, convenient and easy investment, and lower costs, which make them a more attractive option than stocks. In recent years, investment has become a hot topic as more people look for ways to grow their wealth. While stocks have been a popular choice for many, mutual … Read more
Short selling is a unique strategy of stock trading that allows traders to profit even when stock prices are falling. While it may sound a bit complex, this article aims to break down the basics of short selling in simple terms, helping you understand how it works and how you can potentially benefit from declining … Read more