A question by Anoni: Which indicator is more reliable from a technical standpoint: Relative Strength or Money Flow??
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“It would really depend on whether you are looking at the short, medium or long term. As far as the short term is concerned, you may find the Stochastic and MACD useful. The RSI may take longer to give you both buy and sell signals; and would therefore be more suitable for medium- or longer-term transactions. In spite of the above, it would be prudent to appreciate that stock prices are reflective of fundamental parameters including but not limited to its earnings per share. So, logic would call for a wider study to encompass both the fundamental and technical parameters. Sincerely.”Akask