1 December 2018

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Shanghai  Stock Analysis

^HSI  Hong Kong Hang Seng Index Stock Charting

Trade with your eyes open. Manage your trade.

Support Resistance is the an important tool in technical analysis. We could also use moving average as support resistance reference. See chart, price action stay above MA or stay below MA. You could consider buy when price action supported by MA or taking profit when price action close below MA. 

H M Gartley 222 pattern provides you the clue on when the price action might be changing direction. See chart, you could identify many nice ABCD pattern.

See chart, trade with your eyes open.

November 30, 2018 Hong Kong Hang Seng Index and 200 MA and H M Gartley 222

See chart below, we add MACD indicator, we see +ve divergence. So, price action might be reversing. Trade with your eyes open. Besides that you could also see bear flag.

November 30, 2018 Hong Kong Hang Seng Index and MACD and Bear Flag

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.