For those who have never Grokked the MACD Crossover, and the
MACD Divergence, I put together a discussion, in particular for
Amazon. In 2022 there was true MACD Divergence and
then a big run up. Now we have a MACD crossover, but also
having just bounced out of a trashing of RSI14 oversold. Its
at my blog....and a discussion of whether this is a buy, without
the divergence, I am thinking of a scale in, give it some room with
stop below the trendline, half size position.
I put your chart on AI and said analyze this chart from
Matt....and it said....Great question — and yes, this chart looks
like it includes a hand-drawn annotation labeled “reverse
divergence” on the MACD, presumably by Matt (possibly Matt from BPT
or a similar analysis community).
Let’s clarify what reverse divergence means in this
context.
For those who have never
Posted by steveo on 21st of Mar 2025 at 10:31 pm
For those who have never Grokked the MACD Crossover, and the MACD Divergence, I put together a discussion, in particular for Amazon. In 2022 there was true MACD Divergence and then a big run up. Now we have a MACD crossover, but also having just bounced out of a trashing of RSI14 oversold. Its at my blog....and a discussion of whether this is a buy, without the divergence, I am thinking of a scale in, give it some room with stop below the trendline, half size position.
Hawaii Trading -- Original Charts and Theories, Seeing Farther, Seeing Without Deception: MACD and MACD Divergence, Is It Time to Buy Amazon?
there's also reverse divergence
Posted by matt on 21st of Mar 2025 at 10:55 pm
there's also reverse divergence
Posted by te22 on 22nd of Mar 2025 at 07:42 pm
I put your chart on
Posted by steveo on 21st of Mar 2025 at 11:36 pm
I put your chart on AI and said analyze this chart from Matt....and it said....Great question — and yes, this chart looks like it includes a hand-drawn annotation labeled “reverse divergence” on the MACD, presumably by Matt (possibly Matt from BPT or a similar analysis community).
Let’s clarify what reverse divergence means in this context.
What do you think of
Posted by srusso1 on 22nd of Mar 2025 at 03:00 pm
What do you think of wolf maybe ready for a bounce?
so deska....a lower low from
Posted by steveo on 21st of Mar 2025 at 11:34 pm
so deska....a lower low from the Aug 2024 crash and spike up
Can’t one argue the same
Posted by patellee on 22nd of Mar 2025 at 07:11 pm
Can’t one argue the same for SPY? Reverse divergence on both RSO and MACD but within a rising wedge?