December 10, 2017
In trading, “you have to be willing to make mistakes regularly“. Bruce Kovner also share the same view.
Who is Bruce Kovner?
Bruce Stanley Kovner is an American investor, hedge fund manager,
Global shares decline after tech stock tumble on Wall Street
“World share benchmarks were mostly lower on Tuesday after a lackluster session on Wall Street, where technology stocks tumbled. Investors are keeping an eye on U.S. tax legislation and Brexit negotiations. …” read the post by http://www.dailymail.co.uk/
Cross check stock such as Lenovo and Hong Kong Hang Seng Index.
Hang Seng Index and Lenovo 0992.HK Correlation
Study Hang Seng Index and Lenovo stock price correlation. Both pullback. Are these pullback influenced by US Stocks market, US high tech stocks had a decline. Well, maybe. But, if you notice, Lenovo has been doing a lower high. Lenovo stock price has been tumbling down since April this year. There are always many reasons for the stock to go up and to come down. Lenovo stock price continue to pullback can be a coincident with the Wall Street weak performance of the US Tech Stocks. Have fun!
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software.
December 7, 2017 Lenovo Group and Hong Kong Hang Seng Index Correlation
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.