August 27 2020
000001.SS Shanghai Stock Excahgne Composite Index 上交所指数 Stock Charting
Study Shanghai Stock Excahgne Composite Index 上海证券交易所指数 Stock Charting and Price Action.
Picture worth a thousand words. See chart.
Trade with eyes open. Mange your risk.
Price Action after retest the high, the price action begin to drift south. See the possible support to bring the price action back to bull trend again.
Price Action
Price Action moves in zigzag manner.
Support Resistance or Trendline
Buy Support Sell Resistance.
Moses Stock Observation
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Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.