May 22, 2019
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AIA iShares Asia 50 ETF Stock Charting
Study iShares Asia 50 ETF stock chart and Fibonacci.
See chart, picture worth a thousand words.
Price Action was on an up trend. After tested the high at 73 dollars, price action begin to drift south. Price Action follows Gartley pattern to go lower.
Price Action close below 61% and below 78%, and retest the same low again. Price action pullback to retest the same high above 38%.
Trade with your eyes open.
Moses Stock Observation
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.