STOCK GOODIES PLAYS OF THE WEEK

[GreenReeper]

Negative Divergence: The trick with MACD is to look at the trend it is a powerful indicator when you compare the direction of the MACD Mountains with the Price Movement.
Point 2 illustrates, that although the price doubled in 2008 we saw the MACD make lower lows “negative divergence”. We see here a change in the MACD from positive to negative and the large mountain (below the Zero Line) forms. MACD is an oscillating indicator and as such is always tied to the Zero line in the middle.