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[QUOTE]Originally posted by Gary59: [QB] WAMUQ Scottrade macd chart forcast for what its worth;;;; Moving Average Price Compare Yesterday, WAMUQ closed above its 13 minute moving average. This is generally considered to an indication of a bullish trend. Moving Averages No current signals MACD The MACD for WAMUQ currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9minute moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher. Stochastics The Stochastic Oscillator is registering a bullish signal as the %K line is above the %D. However, WAMUQ is neither overbought nor oversold. [/QB][/QUOTE]
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