A quick example of a bearish divergence trade…
AΒ divergenceΒ where an indicator has failed to confirm a new price high and is starting to roll-over, implying a tiredΒ uptrend. Indicators where negative divergences are most effective include theΒ 14-day RSI,Β MACD,Β on-balance-volume,Β relative ratio, as well asΒ breadthΒ studies. Apple (AAPL) has struggled the past two weeks, underperforming the broader market. The chart exhibits aΒ bearish momentum divergence. By that we meanΒ the […]
A quick example of a bearish divergence trade… Read More Β»