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Peet_Serfontein
5 Sep 2019 pukul 07.57

AIL: share with the most bullish divergence Pembelian

AFRICAN RAINBOW CAP INVJSE

Deskripsi

Using the RSI to calculate bullish/bearish divergence conditions over multiple time frames (daily, weekly, monthly).
Divergence period used is 8 periods (Fibonacci number).
Divergence is when the price is making lower lows, while the indicator (RSI) is making higher lows.
Indicates underlying strength. Bears are exhausted. Warning of a possible trend direction change from downward to upward.


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