UDAY_C_Santhakumar

2014 - One Sector $DJUSAL (BACKTEST)

NYSE:AA   Alcoa Corporation
2
This is a tiny Sector, with few tickers trading. Its usually easy to find the sector movers.
AA, CENX, NOR

Using the RSI Weekly breakout, Entry was timed @ $10. now its up 17. Is it late? There is a resistance currently above the Stock price.

The Point to remember is, Sector movers can move the low cap tickers, when the low caps gets really excited, the Sector Pulls back. Then causes the Divergence on RSI, before crashing.

Learn the typical RSI Cycle. Before using the RSI breakout.

Uday C Santhakumar
Penafian

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