Wednesday, February 11

Small cap charts and the Sky is falling!

Bulletin Board Heroes from Zak Mir

DP Poland (DPP), Mosman (MSMN), Octagonal (OCT), Union Jack (UJO)

How to use the RSI (Relative Strength Index) in chart analysis - basically buy when the RSI moves up above fifty and sell when it dips below 50

Interestingly SKY's RSI has just fallen through 50 (the price is down4% to 919p) - due to its paying a lot of money for its football rights - so it might be worth watching to see when it gets back above 50 !