Monday, August 24, 2015 9:20:54 PM
* a Bullish Divergence exists, over the last 2 weeks.
Divergence:
A situation that occurs when two lines on a chart
move in opposite directions vertically.
People often look for divergences by comparing a stock's direction to the direction of its RSI, its MACD
or its Stochastic Oscillator.
There are two kinds of divergences: positive and negative.
A positive divergence
occurs when the indicator moves higher
while the stock is declining.
A negative divergence
occurs when the indicator moves lower
while the stock is rising.
Example: Bullish Divergence
http://stockcharts.com/h-sc/ui?s=CTLE&p=D&yr=0&mn=2&dy=10&id=p48514389860
http://stockcharts.com/h-sc/ui?s=CTLE&p=D&yr=0&mn=2&dy=10&id=p65431918631
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