1 January, 2020
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Happy New Year, 2020
BABA Alibaba Group Holding Stock Stock Charting
Study Alibaba Group Holding stock chart price action and Year and Month High Low.
Look left and think right. Manage your expectation.
See chart, picture worth a thousand words.
Look back for the last three years, or thirty six months.
Is it time to take profit? Will see. Can you spot the H M Gartley ABCD pattern. The price action looks like completed it CD leg. The price action may have a tracement very fast.
As said in the last posting, from GMMA, the slow and fast MA are wide apart, does signal that the pullback may not happen so quickly. But, it is always wise to trade with 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.