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k_trader

08/25/10 2:38 AM

#14700 RE: KillerStarfish #14699

Sorry but MACD shows a bullish trend reversal is upon us. It is preparing to cross its signal line from below, this is a strong bullish indicator. Also it is important to take more than just one indicator into consideration when determining trend reversal such as Full STO, Candle, Volume, ADX, PPO, TRIX all are very important technical indicators.

I think you will find once you learn more about technical analysis and how to read charts it will become very beneficial in determining trend reversal and possible entry and exit points.

Stockcharts.com has some great information and a chart school where you can learn more, go check them out if you get a chance.

GLTA