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Stocks

Why the MACD Crossover Signal is SO Important

by admin October 17, 2024
October 17, 2024
Why the MACD Crossover Signal is SO Important

In this exclusive StockCharts TV video, Joe shares the MACD downside crossover signal and explains the different ways it can play out when it takes place above the MACD zero line. These downside crossovers can lead to opportunities depending on other criteria, including the ADX action. He then shows how this pattern is playing out in big name stocks like NVDA and LLY, as well as Bitcoin right now. Finally, he goes through the symbol requests that came through this week.

This video was originally published on October 16, 2024. Click this link to watch on StockCharts TV.

Archived videos from Joe are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.

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