RSI 50 level on Weekly - buy above 50, sell below 50

2016년 3월 8일

the rsi 50 on the weekly for amzn has been the most powerful rsi trend line on this stock so far for the last 5 years. Every time it is above, the price action rises, everytime it is below, price action falls. Notice that each blue box causes a relative spike in price action, in either way. I shorted at the blue box from about a month ago and profited nicely. The same thing should happen at the current blue box.