January 17, 2020
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2354.TW Foxconn Technology Co 富士康科技集团 Stock Charting
Study Foxconn Technology Co 富士康科技集团 stock chart and price action and Year High Low.
Look left and think right. Manage your expectation.
See chart, picture worth a thousand words.
Price Action fall from the resistance at 102 to the below 60. Price action is supported.
Using box boxing the year high low, and see price action like walking down the stairs. Why? See a bear H M Gartley ABCD pattern.
Now, price action is below resistance.
Trade with eyes open.
Has China-US trade war influenced Foxconn stock price? Will from chart, price action was bull, at July 2018. But, since then the price just drifted south and stay lower. Manage your risk.
Study our past analysis.
Moses Stock Observation
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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.