XJO
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wednesday trading, page-2

  1. winkinatcha
    4,960 Posts.
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    19/08/09
    08:50
    Post #: 5525176
    G'day Treggs.

    What you are refering to is positive DIVERGENCE not convergence.


    For a reference to positive DIVERGENCE (in this case referring to the MACD not your TSR), check the below link:
    http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:moving_average_conve
    and look at the MACD Bullish Signals section.

    ;)
    XJO Value at posting: 148.00
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    lightbulb Created with Sketch.  Great analysis
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