$SHELL A MACD golden cross has appeared on the daily chart, above the zero line.
When judging a MACD crossover, where it occurs matters more than the crossover itself. A golden cross above the zero line usually appears when a pullback in an uptrend is ending, and tends to indicate trend continuation. It carries somewhat more weight than a golden cross below the zero line.
The few candlesticks after the signal appears are more convincing than the signal itself.
Personal opinion only; not investment advice.
When judging a MACD crossover, where it occurs matters more than the crossover itself. A golden cross above the zero line usually appears when a pullback in an uptrend is ending, and tends to indicate trend continuation. It carries somewhat more weight than a golden cross below the zero line.
The few candlesticks after the signal appears are more convincing than the signal itself.
Personal opinion only; not investment advice.
