March 26, 2017
Moses Stock Trading Blog Site – AmiBrokerAcademy.com
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AOSL Alpha and Omega Semiconductor Daily Chart Analysis
Apple stock is on an uptrend for 2017, but not for the following stock, AOSL Alpha and Omega Semiconduct. The stock is still on an uptrend since 2016 see chart for more. When you look closely, in 2017 the stock price just keep forming lower high and lower low. If you draw a slopping up trendline, you will see the price action breakout below the trendline.
Alpha and Omega Semiconductor Daily Chart Analysis
Picture worth a thousand words, the price keeps testing the 23 level. But since 2017, the price has lost it momentum and drop south. Can the price hold at 16.35. From the narrow channel, the price has reach the upper channel. Can the price action breakout and move north again? Don’t know.
Have fun! Happy learning.
Moses US Stock Analysis
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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.