$INJ The daily chart shows a MACD golden cross above the zero line.
When assessing a MACD crossover, its position is more important than whether it’s a golden cross or a death cross. A golden cross above the zero line usually appears when a pullback in an uptrend is ending, and is more indicative of trend continuation. It carries more weight than a golden cross below the zero line.
Indicators are for reference, not a switch; ultimately, you still need to look at the price itself.
#INJ
When assessing a MACD crossover, its position is more important than whether it’s a golden cross or a death cross. A golden cross above the zero line usually appears when a pullback in an uptrend is ending, and is more indicative of trend continuation. It carries more weight than a golden cross below the zero line.
Indicators are for reference, not a switch; ultimately, you still need to look at the price itself.
#INJ