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On February 9th, Guansheng Co., Ltd. issued an announcement stating that it has noticed reports published by some media outlets online regarding "Guansheng Co., Ltd.s release of an intelligent bionic articulated arm in Shanghai." The reports claimed that the companys core component business for humanoid robots has entered the commercial mass production stage, and that its intelligent bionic articulated arm product has received over a thousand intended orders in the field of biomedical experimental equipment. The company clarified that the aforementioned reports are a misinterpretation by the media and do not represent the companys statements. The company will contact the relevant media outlets as soon as possible to delete the inaccurate statements and pursue relevant responsibilities to protect the companys reputation and legitimate rights, and safeguard the interests of its investors. The companys main business has not changed and remains focused on the research, development, production, and sales of automotive chassis system components. Currently, the intelligent bionic articulated arm product has no orders and has not generated any revenue. The wording in the related media reports is inaccurate; the product has not yet entered the mass production stage and is still a long way from mass production.On February 9th, Zhongmiao Holdings (01471.HK) announced in Hong Kong that its board of directors has noted the recent increase in the companys share price and trading volume. The board is pleased to announce that it has submitted an application to the China Securities Regulatory Commission (CSRC) to convert 105,895,600 unlisted domestic shares into H shares. Subject to obtaining all filings and/or approvals from relevant regulatory authorities (including but not limited to the CSRC and the Stock Exchange of Hong Kong), and upon compliance with all applicable laws and regulations, these unlisted shares will be converted into H shares and eligible for listing and trading on the Stock Exchange of Hong Kong.According to Hong Kong Stock Exchange documents, Vidali Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange.According to Hong Kong Stock Exchange documents, Hangzhou Relian Group Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange.Oracle (ORCL.N) shares surged 6% intraday, marking the biggest gain since December of last year.

How to use MACD in trading?

Eden

Oct 25, 2021 13:27

What is MACD?

Moving Average Convergence Divergence, is a medium- and long-term trend index, widely used by investors.   

MACD is a combination of two lines: the slower moving average DEA and the faster moving average DIF. 

The distance between this two line is displayed by the red bar and green bar.

The junction of those two bars is called 0 axis.

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How to use MACD in trading?

When DEA and DIF run on the top of the 0-axis, rising force is dominant. 

At this time, DEA DIF cross over the 0-axis is the signal of taking long positions.

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When DEA and DIF run under the 0 axis, downward force is dominant. 

At this time, DEA DIF cross under the 0-axis is the signal of taking short positions.

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DEA DIF run close to the 0-axis for a long time. 

Once it diverges upward, the rising trend is very strong. 

We should make long positions and hold them.

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DEA DIF run close to the 0-axis for a long time. 

Once it diverges downward, the downward trend is very strong. 

We should make short positions and hold them.

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MACD deviates from the price and appears at the end of a trend, representing a reversal. 

When price rises, MACD falls, indicating that the rising trend is to reverse, 

which is the signal of long positions coming out.


When the price falls, MACD rises, indicating that the downward trend is to reverse, which is the signal of short positions coming out.

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Now give MACD a try!