October 12, 2017
In addition to MACD indicator analysis, we would like to show you other strategy. For example ABCD pattern, See below for more. Thanks for visit the site, AmiBrokerAcademy.com.
Stock price is determined by the market, the market emotion. When the market does not agree with the price, and does not think it is worth; no trader will agree to buy any higher. It does not fundamentally, how strong the product lines are.
The following stock chart analysis shows it all. IBM stock price tested 182, but soon the market does not agree with the price. The market think the price is too high, far too far for now. So, the price start to rally downward. Now the stock price is near 147. In the worth case, the market believe the stock price should only worth 140. It is lucky that this is only for one day.
IBM International Business Machines and ABCD Pattern
ABCD buy pattern, and ABCD sell pattern. It is easy say than done. However, if you are able to stick to this strategy, watch out the “D” and react. You should be okay. Okay lah (Singlish, Singapore English).
You use IBM as an example on ABCD Buy Pattern, and ABCD Sell Pattern. Picture worth a thousand words, see chart for details.
October 11, 2017 IBM and ABCD Pattern
IBM International Business Machines and MACD Divergence | AmiBrokerAcademy.com
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.