I am no expert in charting, but I would like to initiate a chart here for us to discuss just about VHT TA.
the MACD indicats market in favour of VHT even though the price has been dropping, but each time the lowest MACD stays higher when the price dips, hence I sense VHT chart was having a bottome divergence on the daily chart.
Weekly chart indicates a strong favour as it holds above 20 SMA line and stays away from it. also it is indicating a bigger level of bottom divergence as the macd extended much lower but the price does not follow.
I hope to see some pro chartist to correct please, as I am no expert in charting.
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I am no expert in charting, but I would like to initiate a chart...
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