EDM 0.00% 0.1¢ eldore mining corporation limited

Hi psk,On a technical chart, often we look at a macd positive...

  1. 1,268 Posts.
    Hi psk,

    On a technical chart, often we look at a macd positive crossover as an indicator of improving prices. By computing the macd threshold line value, we can track on a daily basis what value will allow the macd to generate such a positive crossover.

    Well, today is interesting...because we closed at 0.01 yesterday, and today the macd threshold value is merely 0.008 - suggesting that prices need only hold on at its closing value of yesterday to generate the positive crossover today....and better prices expected ahead.



    Let's watch

    dascore
 
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