March 31, 2017
Moses Stock Trading Blog Site – AmiBrokerAcademy.com
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Welcome to Moses’s US Stock Analysis @ AmiBrokerAcademy.com.
BABA Alibaba Group Holding Charting
Price close above the high, but the price close below again. So, what’s next? In trading, if you are not sure and you are not prepare to take the trade or risk, stand aside and see the changes. Wait another day, or another day gain. …
Another approach is to add an indicator such as MACD, as MACD is a great indicator for trend for daily time frame. So, see the next chart for more.
March 30, 2017 Alibaba Group Holdings Charting
BABA Alibaba Group Holding Charting with MACD Indicator
If you are checking the trend, checking the trend still has how much time to go. You can add a leading indicator such as MACD. MACD is a leading indicator for trend. The long the time, the more reliable. You can see many -ve divergence. So, trade what you see and now what you think. Okay!
March 30, 2017 Alibaba Group Holding and MACD indicator
Remember, trading is not a get rich fast business like many have advertised. It needs a lot of hard work and good money and risk management.
Have fun! Happy learning.
Moses US Stock Analysis
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.