January 18, 2018
It was a big news of the Samsung’s Galaxy Note 7 phones failure. Samsung’s has finally made a return in introducing the new Note 8. You can read more about the Note 7 phones problem from the link, http://www.wired.co.uk/article/galaxy-note-7-issues-what-happened
We finally know why Samsung’s Galaxy Note 7s ‘exploded’
Korean Stock Analysis
005930.KS Samsung Electronics Company Year High Low Since 2001
Study the following chart and tell me, what is your trading plan? Buy or Sell.
We see a pullback at end of 2017. Read the following chart, it is nearly no way to enter a low risk trade, as the price is so high now compare it to the stock price at 2001. However, as a trader the business (trading) must go on, no matter what have to find a way to buy.
To reduce the risk, wait for a reasonable pullback.
Now there is a pullback. So buy? Let’s study another chart and determine what is the trading plan.
Manage your risk.
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software as the stock price is so high now compare . You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below.
January 18, 2018 Samsung Electronics Company Year High Low from 2001
Zoom In 005930.KS Samsung Stock
Zoom in, Have fun! We see the stock price pullback a few time and trend continue, from the MA Band. Pullback the price cross down MA band, breakout the MA band the trend continue. So have an idea now. This is just some of the trade idea. But you have to manage your risk, do not trade because other trade. Trade within your mean.
January 18, 2018 Samsung Electronics Company and MA Band
Moses
AmiBrokerAcademy.com
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.