Welcome to AmiBrokerAcademy.com.
The website uses powerful charting software, AmiBroker charting software to chart. We use indicators that make sense.
Do spend some time to understand the chart, and remember all setup can fail.
Moving Averages
Moving average is a powerful visual tool. Price action bounced above the MAs, when the trend is bullish. Price action bounced below MAs, when the trend is bearish.
Apple Inc Stock Analysis
At the start of 2015, the stock start to move up, above the MAs, and bounced off the MAs. However, just before August, the price took a sharp plunge down.
MA is a great visual too, it is now slopping down in 45 degree; bearish. Price up or down, traders will still make money. The focus is not money, is where the price action might be next and trade well. You will understand why if you understand Law of Precession, Buckminster Fuller’s theory.
Remember, all setup can fail.
October 16, 2015 Apple Inc
So What next?
What is your trading strategy? At which point is a good entry. Although the reason of trading is to make money and more money. But the secret to win is not to focus on money. Will tell you why next time. Remember, all setup can fail.
Thanks for visiting the website. You can read more about other stock scan and analysis here.
Moses
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