June 18, 2018
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ZTE plunges 40% on First Day of Trade
See chart, picture worth a thousand words. Telecommunications equipment maker ZTE fell 41 percent on June 13, its first day to resume trading again.
Hong Kong Stock Analysis
0763.HK ZTE Corporation 中兴通讯 Stock Charting
See chart, the price action of ZTE Corporation 中兴通讯 stock. Don’t try to catch the falling knife! Even if you are very interested, wait. Wait for the support zone. Wait for the rebounce first. Wait for the bullish candlestick. Manage your risk.
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.