LC
The MACD indicator is only one indicator traders may follow.
As a rule of thumb if the MACD indicator displays a crossover above the zero line ( as displayed on the PRR chart) you would go short (sell) the stock.
I don't hold because I was away over Xmas and missed the initial run. Congradulations to those who where fortunate to hold at that time. Made good money on SNN in that time without any loss of sleep as to speak.
Try the link, I don't make the rules, but they are part of my trading plan. Cheers
http://www.incrediblecharts.com/indicators/macd.php
prr vs dndn perspective, page-15
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 (20min delay)
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Last
34.5¢ |
Change
0.005(1.47%) |
Mkt cap ! $501.1M | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 34.8¢ | 33.5¢ | $116.9K | 340.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 108814 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 139652 | 17 |
View Market Depth
| Last trade - 12.19pm 29/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |