April 3, 2019
Welcome to AmiBrokerAcademy.com. Thanks for visiting the site.
It is good, you do not agree with what you see here. Have fun!
In trading we are looking for signal such as topping or bottoming. Do you know why? The answer is simple, when you can spot the topping or bottoming and you trade. It is likely to have lower risk and bigger profit. True or true? If you are not new in trading you will agree with out observation.
From time to time we would like to share with you our experience and thought. To be true, this does not come out from ourself, overtime we learn it from many of the professional traders. We learn from many guru. Have fun!
Why use indicator? For us we try to spot the topping or bottoming through the signal from the indicator. Whether the indicator is leading or not it does not matter. I believe you know what we mean.
AZN Astrazeneca PLC Stock Charting
Study Astrazeneca PLC Stock chart and MACD Indicator.
See chart, picture worth a thousand words.
Could you see the wave count on the chart? We just count the major turning. Elliott Wave or not does not really matter. It is just that may be the move is ending. But sometime there is extension. So become Elliott Wave extension. Watch out.
See the MACD indicator, MACD has cross down zeroline. Soe the topping has confirm? Will see.
Trade with your eyes open.
Moses Stock Observation
AmiBrokerAcademy.com
Disclaimer
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.