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Let's hustle with indicators! (MACD for 10/29)

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Technical DNA wrote a column · Oct 29, 2021 20:42
Technical DNA collects 10 most-traded bottom divergence tickers from stocks with market cap of more than $2B, aiming to help investors look for good investment opportunities.
$Comcast (CMCSA.US)$ $Charter Communications (CHTR.US)$ $Shift4 Payments (FOUR.US)$ $Teleflex (TFX.US)$ $LHC Group (LHCG.US)$
Let's hustle with indicators! (MACD for 10/29)
What is MACD divergence?
The 'MACD divergence' is a situation where the price creates higher tops and the MACD creates a raw of lower tops, or the price creates a lower bottom and the MACD creates higher bottoms. MACD divergence after a significant uptrend indicates that the buyers are losing power and MACD divergence after downtrend indicates the sellers losing power.
Let's hustle with indicators! (MACD for 10/29)
Therefore, the indicator 'MACD bottom divergence' aims to find stocks that are likely to go up in the future.
Tips: As shown in the pic, the indicator could be useful in short-term investment, so don't hold the stocks too long if you buy them on the indicator. Sell them in time when you make a profit!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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