Definitely and because many traders and trading programs pay close attention to their level, reactions on their tests almost become self-fulfilling. By that we mean, should an index or stock correct into a key moving […]
A divergence where an indicator has failed to confirm a new price high and is starting to roll-over, implying a tired uptrend. Indicators where negative divergences are most effective include the 14-day RSI, MACD, on-balance-volume, relative ratio, as well as breadth studies. Apple (AAPL) […]
A death cross is a shorter term moving average, typically the 50-day, cuts down through the slower average, traditionally the 200-day. False signals are common, therefore other technicals should be consulted. British banking group Lloyds (LYG) generated […]
All content copyright Good Money Guide. GoodMoneyGuide.com is owned and operated by RJBCO Ltd. Registered in England & Wales, Company Number: 07134687. Registered office at 4 Old Park Lane, Mayfair, London, England, W1K 1QW. VAT registration number: 324242143. Data protection registration number: ZA468875
