Historical research of past big winners has shown that an RS Line at a new high before the price reaches a new high, may proceed a significant move up. This very bullish signal is now much easier to identify.
Examples of New High Callouts
There are two visual callouts that have been added to the RS Line indicator. First is the RS Line hitting a new high before the price hits a new high. Here’s how the indicator looks when RS Line is at a new high before the price, the example is from EBay in 2003.Continue reading