In relation to Rawk's and Nine Lives above (I loves and respects ya 9L, lol)
The Whooshka is a local HC term I've coined for divergence in the MACD as opposed to price. the above chart shows divergence in the histogram (reducing negative while price falling). A Whooshka (strong move in price after divergence) is based on serial signals of divergence in the MACD... First in the Histogram (as in above chart) and second in the MACD Moving Averages (yet to be displyed/occur in this particular case).
;)
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Last
8,668.2 |
Change
-89.000(1.02%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,757.1 | 8,757.1 | 8,648.4 |
| XJO (ASX) Chart |