TSXV:NKW.H - Post by User
Post by
BayWallon Jan 07, 2025 5:06pm
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Post# 36393206
For stock pickers
For stock pickersI'm only following one indicator RSI. So quite shaky. Nothing to positively say anything bullish exists. I checked candlesticks, etc.
A flat stock price since mid 2022, So it's difficult to get a good read on the divergence of RSI vs stock price. It's there, but just barely.
The best speculative thing I could say, since it's a multi-year event with the RSI and if there is good news to go with that, maybe some serious action is possible. Only the timing is unknown.
That's why I posted a lot. I know it works, even sometimes by itself. But for stock picking, need some other indicators to confirm. I'm looking for an engulfing bullish candlstock pattern (monthly chart) to start things.