BASBullish Divergence could occur on BASF and needs to be watched.
This goes against a weekly downtrend, so would be a short term bet to profit from the upswing.
As soon as MACD ticks up from now again so completes the divergence and is a buying signal.
Trade active
Divergence still developing. MACD turned lower today but is still shallower than within last price low.
Keep watching. Tomorrow could be a day to go long here.
Trade active
Bullish Divergence not there yet but still possible if tomorrows MACD closes more shallow than today's.
Trade closed: stop reached
The divergence didn't appear and we haven't entered the trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.