I was originally taught to use RSI as a swing trading tool, helping me to identify when the price of a particular asset was overextended to the upside and downside. And, on the swing trading time frame, that approach very much works, especially if you employ a shorter time period for the indicator. However, RSI can also be used for longer-term time frames, helping investors to better define trend phases and identify broader shifts in momentum, and today we’ll break down three charts that show how this application of the RSI could help you stay on the right side of strong uptrends! HubSpot Inc. (HUBS) Earlier this week, on my daily market recap show, I was asked about HubSpot, which has recently become overbought. The viewer was concerned about potential downside given the overbought conditions. What we reviewed was that while an RSI above 70 is considered overbought, an RSI above 80…
