1 March, 2018

Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below. Thereafter slowly climb up, step by step.

US Stock Analysis

ALB Albemarle Corporation and Fibonacci Retracement

Study the chart, swing low to high, from November low to 2017 November high, and price pullback to test 61.8% and test again and punch through 61.8% level. The stock price may break below 100 dollars.

Manage your risk!

20180228 Albemarle Corporation and Fibo Retracement

ALB Albemarle Corporation and Fibo Extension 

From a different view, study chart from Fibo Extension swing high to low, the price action pullback to test 38% before come down. 

Manage your risk!

20180228 Albemarle Corporation and Fibo Retracement Swing High to Low

Moses US Stock 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.