April 23 2018
Market Sentiment
ZTE banned by U.S. Department of Commerce has undermined sentiment toward China’s technology sector, such as Lenovo. See chart below. We shall monitor some of the major China global companies.
US Department of Commerce
On Monday’s US Department of Commerce announce that it would ban American technology exports to ZTE for seven years.
Hong Kong Stock Chart Analysis
0992.HK 联想集团 Lenovo Group and MA Wave Direction
Manage your risk! Study Lenovo stock price, the stock has been not doing well since 2016. See chart for more, picture worth a thousand words. With the recent US New Guideline, the supply chain for some of the China High Tech products may affect badlly, such as PC and server. Manage your risk.
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. Anything, finance ticket you could download from Yahoo! Finance you could plot them, those you are interested all in a chart, so you could analyse them.
Moses China Stock Chart Analysis
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.