November 21, 2017
CAR Avis Budget Group and ABCD Patterns
Near 54 dollars is the best price Avis Budget Group had in the following chart. We see Avis retest the low. 42 dollars has been the best for 2016 and 2017. No one can stop the price retest the 22 dollars.
Just follow abcd buy, abcd sell. You may be able to stay alive. Mange your risk, and get out if the trend is not with you.
The following chart is plot by AmiBroker charting software. AmiBroker is a powerful charting software.
November 10, 2017 Avis Budget Group Charting
Correlation of CAR Avis Budget Group and Ford Motor
Picture worth a thousand words, see chart for more.
When you are unable to find good reason to buy or sell, benchmark the stock with another stock to find correlation. The correlation gives you some reason, but this is just a comparison and manage your risk. It is always a good idea to stand aside and watch, watch the market to figure out other traders emotions.
Have fun!
November 10, 2017 Avis Budget Group and Ford Correlation
HM Gartley ABCD Pattern, Support Resistance, Channel and Moving Average are great tool to reference for trade. Have fun!
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.