February 7, 2018
Who Leading Who?
Truly speaking, who leading who? Study the some of the Asia stock such as the example below, you will find the stock price has been come tumbling down well before last Friday. But remember no right no wrong. So what.
The phenomenon now is the whole world is shaking, everything is not steady at least for now. Anyone want to stick their heads out and shout no, not for my stock.
This is a cash flow world, no cash no talk. Many will want to cash in for the paper gain at least for now till when the sky is clearer. Watch your risk.
Hong Kong Stock Analysis
2382.HK Sunny Optical Technology Company Charting
As we all read the major Newspapers across Asia reported the US stock markets correction resulting in Asia markets deep too. True or true? We study the Lenovo stock, apparently the stock started the deep even well before last Friday. It started before January month was over.
So, who leading who?!
Let’s study Sunny Optical Technology Company stock, well. The stock started the pullback since last November after the high above 150, since then the stock price started to drift south.
So, truly speaking in Asia, everyone feel the pressure, the traders and investors have begin to sell off well be US markets. In other words, Traders and investors of US markets hope for the best until last Friday to accept the market should take a lower price.
Manage your risk!
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.
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.