April 19, 2019
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We interpreting the markets emotion, price action using patterns and indicators. Hope this make sense to you. Have fun!
MGM MGM Resorts International Stock Charting
Study MGM Resourts International Stock chart and MACD.
See chart, picture worth a thousand words.
Price Action drop from the left top to the right bottom. 200 MA is slopping down from the top left to the bottom right too.
Price Action continue to stay below 34 MA, and 34 MA after cross and close below 200 MA, it continues to stay below. Although at one point, 34 MA nearly cross above 200 MA.
Trade with your eyes open.
Moses Stock Observation
Moses Stock Analysis
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.