Lesson: Stop Using RSI, a Supertrend is a Super Trend

 If we were to follow the RSI signals, no one would have profited from this Medtecs spike.

1. The trend is caused by the news.

2. You can still buy if the green Supertrend is at the peak price.

3. RSI show overbought, yet bullish, which has no meaning.

Come to worse, cut loss when the red Supertrend appears.

Source: https://sg.finance.yahoo.com/chart/546.SI



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