August 31, 2017
600783.SS 鲁信创投 Shandong Luxin H and MACD Signals
Picture worth a thousand words. See chart for more. Picture worth a thousand words. Share price is moving in zigzag. The share price reach the bottom again; retest the low. If you see carefully, you probably see a double U. Is this going to be a sign of strong support? Do not know.
You see, you find the share price continues to go lower; forming lower low. But the MACD signal begin to form higher low. Is this a signal to say the trend is ending and about to reverse. Will see.
For Illustration on MACD Signals
Added a few arrow. Can you see the MACD signals better? Have Fun!
To Find an Entry with MACD Signals
Added a trendline. When share price breakout above trendline, you can consider entry. Or let the price retrace back to get supported before enter.
Thanks for visit the site here. You could also find free MACD scan here in this site too.
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.