ALBO Albireo Pharma and Fibonacci Retracement | AmiBrokerAcademy.com

February 24, 2018

 

Think Think and Think Again

It’s hard to deny the power of recent market (US stock markets) correct reaction to all the traders all over. The true is also the markets have also influence the rest of the market in the world. 

You’ll likely think outside of the box (ie don’t think too hard, just follows what TA got for you).

The markets are thrilled and to be feeling so excited and alive.

 

Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below. Thereafter slowly climb up, step by step.

US Stock Analysis

ALBO Albireo Pharma and Fibonacci Retracement

See chart for more, picture worth a thousand words the Fibo Retracement from bottom left to to. Bullish trend. The price action pullback to 61.8% and again to near 78.6%. But fail to touch 78.6% and rebounce to hit 0% again. So, double top.

Manage your risk.

 

February 22, 2018 Albireo Pharma and Fibo Retracement

 

ALBO Albireo Pharma and ABCD Patterns

See chart for more.

20180222 Albireo Pharma and ABCD

 

 

 

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.