July 22, 2017
Thought for The Day
ASX Advanced Semiconductor Engineering and Support Resistance
See chart for more, picture worth a thousand words.
Share price has rally from last June, then breakdown from the high and retested the low in last June.
At the start of 2017, the stock price goes rally again. And the share price breakout the last half year high. Then resistance turns support, see chart the support and resistance line form the zone.
So, enjoy the ride. Up, down, down, up, and up again. Fun! Fun! Fun!
ASX and 34 MA River and Roller Coaster Riding
MA is a great visual tool, MA High, Low and Close, the three moving average is like a river. The River creates even more effective visual effect. See chart for more.
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.
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