I took a fair sized position in SKF today. Here's my 60
min chart, but there are positive divergences on the MACD and RSI
on all of my intraday charts. There's also potential for
positive divergence on the daily MACD if it starts turning up from
here. A nice trade in the making, IMO.
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SKF - 60 min
Short Bank index
Posted by pebs on 5th of Jan 2012 at 06:57 pm
I took a fair sized position in SKF today. Here's my 60 min chart, but there are positive divergences on the MACD and RSI on all of my intraday charts. There's also potential for positive divergence on the daily MACD if it starts turning up from here. A nice trade in the making, IMO.