1 October, 2019
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AAOI Applied Optoelectronics Inc Stock Charting
Study Applied Optoelectronics Inc stock chart and GMMA.
Look left and think right. It’s depending your expectation.
See chart, picture worth a thousand words.
Price Action moves high to low and return to high again. After the peak the price action fail, slopping lower to the bottom. See chart.
Add moving average or multiple moving average to study the the trend. Moving Average provides a great visual tool.
See chart, first you see the slow ma slopping down and fast ma stay below the slow MA. Thereafter slow ma slopping up and fast MA stay above slow ma. After the high, the slow ma slopping down and compress. Thereafter fast MA stay below slow MA. Price action is bear trend.
Trade with your eyes open.
Moses Stock Observation
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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.