🎁Join to Find Stocks Showing MACD Bullish Alignment

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03-12

Welcome everyone to today's discussion on identifying bullish stocks in a bull market!

In a bull market, it's crucial to pay attention to stocks showing clear signs of bullish momentum, as it helps seize opportunities for upward movement.

Let's first understand how to identify bullish trends.

  1. Confirmation with Trendlines: Firstly, to observe the price trend. A bullish trend implies that the price is moving upwards. We can confirm this by drawing trendlines connecting multiple low points, forming an upward sloping line, indicating buying pressure in the market.

  2. Utilizing Moving Averages: Moving averages are another essential tool that smooths out price fluctuations and reveals long-term trends. In a bullish scenario, the price should be trading above the moving average, which should also be trending upwards, indicating strengthening bullish momentum.

  3. Using the MACD Indicator: The MACD indicator is commonly used to confirm the strength of a trend. In a bullish trend, we expect the MACD indicator to be in positive territory, with the MACD line crossing above the signal line, indicating increasing bullish momentum.

Examples:

$NVIDIA Corp(NVDA)$ Moving Average Bullish Alignment

$Wal-Mart(WMT)$ Moving Average Bullish Alignment

$Novo-Nordisk A/S(NVO)$ Moving Average Bullish Alignment

🎁Now, let's together screen for stocks exhibiting bullish trends!

Please share the stocks you're watching and include the bullish signals you've observed along with any fundamental analysis.

Let's learn and grow together!

💰 Stocks to watch today?(30 Apr)
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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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