How to Calculate Moving Average Convergence Divergence MACD
When a stock, future, or currency pair is moving strongly in a direction, the MACD histogram will increase in height. This occurs because the MACD is accelerating faster in the direction of the prevailing market trend. The MACD histogram is increasing in height (either in the positive or negative direction). A potential buy signal is […]
Read More →Contra Asset: What It Is and How a Contra Asset Account Works
If you offer credit terms to your customers, you probably know that not all of them will pay. Creating this contra asset account builds in a safeguard against overstating your accounts receivable balance. Writing off your obsolete inventory in this manner allows you to expense the cost of the obsolete inventory while also decreasing your […]
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