@princey37 - it looks like its turning around right, even the monthly has levelled off but these things can go on for months until the weekly breaks above the axis line.
IMO, the weekly MACD is more important when it gets nearer to axis line i.e. when its between -0.01 an 0
With SPT the weekly momentum got to as low as -0.15
IMU its -0.05 and it might fall further
Either way these are very counter-trend and returns are around 50% compared to the multi bagger trending ones
I've still got a parcel of IMU hence the interest lol, try to get out on the next MT countertrend rally
Does anyone look at the monthly momentum at all? I find.. many multi multi baggers have the daily/weekly/monthly in sync
The monthly momentum can take around 10 years to break it's downtrend (climb above axis line) and when that happens it's significant and usually a W3 in the weekly time frame. Good for picking LT speccies with good FA narrative IMO
