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Sunday, May 07, 2017 1:37:30 PM
When the daily MACD lines kiss, like they currently are doing. It acts as a reset on the daily chart indicators.
I call it a "kiss and go" MACD. I have seen the setup countless times. We could see a whole new series of bullish waves now.
If the MACD line crossed lower, then we would have higher odds of going into a medium–longer term consolidation... but it didn't.
The bull trend continues... and with so many growth catalysts coming near term, it makes perfect sense.
I love it when the TA and fundamentals are in sync with one another... this is the recipe for the biggest Pennyland runs
My postings contain many opinions. So please do your own research
and validation.
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