I am seeing this in a lot of names. the big MACD bull divergence, meaningful lower cash and higher MACD. This is one of the formations that works best. When the MACD turns up on the divergence setup, the buy triggers...and they should move nicely. These are setups, and are close to a trigger, and we are not in a chase the market scenario, patience. Use stops! As I am seeing this in many names, I think we are close to a mkt low, a Monday gap down may do the trick:
RIMM
MOS
UYM
X
QLD
BHI
MACD buy setups
Started by
tommyt
, Oct 24 2008 11:26 AM
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