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Discussion

Rick from MO posted over 2 years ago:

I have noticed that positive divergence between 2/3 bottoms of MACD histogram to those of price ( where the recent bottoms of MACD are progressive higher while the recent bottoms of price are either lower or at the same level) can predict a strong upward move in price. I have ued these kinds of positive divrgences to buy stock with 75% success. Thanks


Paul from MA posted over 2 years ago:

To Rick....interesting observation but I'm not clear on what you mean by "2/3 bottoms". how do you know you're at 2/3rds of the bottom w/o knowing what the bottom is? does oservation only apply to right side of histogram w/ assumption it's on the rise to above zero?

this is a well written article, as is the earlier referenced one and
i look forward to the nxt intallment


James from CO posted over 2 years ago:

Excellent well-written article. MACD has been lauded by many successful traders AND investors as one of the most consistent tools that has proven highly reliable since its inception in the late 70s. Anyone using moving averages would be wise to read this and all the "to be continued" articles on MACD that follow.


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