StockFetcher Forums · General Discussion · Is this considered a bearish divergence?<< >>Post Follow-up
billbose
14 posts
msg #74872
Ignore billbose
5/31/2009 11:05:10 AM

http://www3.stockfetcher.com/sfchart/221847107.png

chetron
2,817 posts
msg #74873
Ignore chetron
5/31/2009 11:26:00 AM

try looking at what happened on your chart in december. isn't that the same set-up???????????


hth


billbose
14 posts
msg #74877
Ignore billbose
5/31/2009 2:58:22 PM

Are you talking about this?
http://www3.stockfetcher.com/sfchart/1772865088.png

Looks like divergences from oscillators cannot be totally trusted.

billbose
14 posts
msg #74879
Ignore billbose
5/31/2009 3:29:02 PM

Hmm. I learnt somewhere, that in order to use an oscillator the security must go through a trend break or must be trading in a range.
If thats true then, the above oscillator sell signal should be avoided.

StockFetcher Forums · General Discussion · Is this considered a bearish divergence?<< >>Post Follow-up

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