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Strategies & Market Trends : NetCurrents NTCS

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To: Teresa Lo who wrote (457)10/9/2000 5:36:44 AM
From: ig  Read Replies (1) of 8925
 
Speaking of MACD divergences, the weekly chart of MSFT shows potential. A reversal candle, such as a doji or hammer, along with a change in direction of the MACD, will signal the setup.

If anyone thinks MACD divergences on weekly charts are not significant, take a look at the recent price tops on the weekly INTC chart:

dtraders.com

ig
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