He uses a proprietary version of Elliott Wave theory and also relies on other technical indicators such as relative strength and sentiment measures.

FORBES: 3 Excellent Elliott Wave Technical Analysts

On the other hand, it is important to note that incorporating price momentum indicators, such as relative strength, do help improve the performance of otherwise fundamentally-based stock screens.

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By combining two proven indicators, Starc bands and the Relative Strength Index (RSI), traders can gain invaluable confirmation that can help prevent those dreaded, impulsive losing trades.

FORBES: Avoiding Those Costly Impulsive Trades