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How to study stocks using MACD
To study stocks you should have a trend indicator software consisting of different indicators like MACD , RSI , STOCHASTICS and MOVING AVERAGES...
and many more...
The MACD consists of 2 lines....a blue line and a red line..
While studying the chart of any stock a buy signal is given when the blue line crosses the red line and moves above it....
A sell signal is given when the red line crosses the blue line and trades above it....
Click on the attachment and see the NOTE....
Note - When the blue line goes above the red line the stock moves up and when the red line is above the blue line the stock declines...
Hope this is helpful to you..
Last edited by abhinav2492 : 26-05-2008 at 07:37 PM.
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