29 October, 2018

Thanks for visiting the site.

Moses Stock Stories – Think Think Got More Things

600118.SS  中国卫星 China Spacesat Co Charting

We study 中国卫星 China Spacesat Co stock chart. We see 中国卫星 China Spacesat Co first deep down from near 54 RMB to below 30 RMB, and get supported. The price action breakout below support. Now you could see the moving averages are wide open; 20 MA below 50 MA, 50 MA below 100 MA, 100 MA below 200 MA. Imagine the price action is so bearish. 

You could easily spot H M Gartley 222 pattern.

Manage Your Risk! 

October 29 2018 中国卫星 China Spacesat Co and H M Gartley 222

If you can see the whole chart, “press Ctrl and -” to zoom out to see the entire chart. 

Let zoom in before we add MACD indicator, see the price action and Moving Average. You could also spot H M Gartley 222 pattern, see the price action. Trade with eyes open.

October 29, 2018 中国卫星 China Spacesat Co and Moving Averages

Add MACD indicator, see chart. You could also spot H M Gartley 222 pattern.

October 29, 2018 中国卫星 China Spacesat Co and MACD

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.