Replies to post #8466 on Hurricane Stocks (HSTOCKS)

[lexi2004]

Okay, sorry regarding WEGI for I did misunderstand you.

Regarding MACD, I'll give you a wonderful site below that will show the MACD on a chart and also explain what it is.
However, let me say this:

I look to the MACD and the shape of it to give me a clue as to if the stock is going to move up or not. If the MACD is far below the 0 line, many times people call this bottom fishing. I think that's in part due to the fact that if the MACD line is very deep it will take time for a significant move. A daily MACD cross is good, a weekly MACD cross is better, and the monthly MACD cross I always like to look for due to my belief that a stock REALLY moves when the monthly MACD crosses. You see, the longer the time frame on the chart, the more conviction of the stock move.

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:moving_average_conve

Hope that helped.

Lexi