31 May 2021
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000001.SS | Shanghai Stock Exchange Composite Index and Box and Price Action
Last month we study Shanghai Stock Exchange Composite Index 上证综指 and see a Bear Flag. Looks like the Bear Flag fail. Only until the bull really break the last high.
Resistance turns support. We see price action moves along the last year high.
Manage your risk.
Shanghai Stock Exchange Composite Index and Box and Bear Flag
Moses Free Stock Charting
Moses Power China Stock Charting
Official AmiBrokerAcademy.com Charting
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.
We learn from many past and present great traders. Kudo to these master.