Stochs and MACD...looking bullish
posted on
Aug 15, 2015 02:52AM
Stochastics fast and slow show the fast line has broken over that 20 line which is a bullish indication...it should be noted that stochs are most often viewed as a leading indicator, and as such can give off false signals. MACD on the other hand is considered more of a trailing indicator....and right now MACD is looking good, but its still too early to tell.
Basically those trading on stochs will jump in sooner and have potential for greater upside but expose themselves to greater risk. Those buying on MACD signal will pay more, but the risk is reduced.