23 July, 2019
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AVP Avon Products Inc Stock Charting
Study Avon Products Inc Stock chart and Guppy Multiple Moving Average.
See chart, picture worth a thousand words.
Price Action bounce above fast MA, and fast MA say above slow MA. After the so called bubble the price action drop down. We also spot slow MA compress, a potential reversal. Price action tested the low, again after the bubble the price action change direction.
Trade with your eyes open.
Moses Stock Observation
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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.