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Ann: PYC Q2 Investor Call - 31 May 2022, page-10

  1. 4,991 Posts.
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    I don’t usually follow the MACD.
    One indicator I do look at sometimes is the “Ultimate Oscillator”. It very rarely gives a signal, but, when it does it is worth following.

    If one looks carefully, it has formed a bullish divergence over the last month or so and the SP has just turned its nose up the last 2 days.

    On the strength of that I will buy more. But that is no suggestion anyone else should.
    I could be completely wrong.
    I often am.
 
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