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Hacktheripper

07/26/04 6:21 PM

#275527 RE: limtex #275514

Sorry I am not going to sift through stocks looking for a divergence. I have listed below the definition.

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.