BIX Ellipsiz Charting | Moses Stock Analysis

April 28, 2017

 

Is It Time to Take Profit Before Forming Lower High?

This is the question that all traders want to know…when the heck should I exit to either take profit or get out?

BIX Ellipsiz Daily

Price supported by 50 MA. The price is now bounced up after retrace to MA.

Picture worth a thousand words. See chart for price action

April 28, 2017 Ellipsiz Daily

BIX Ellipsiz Daily and Support Resistance

We have analyse the MA. The price is bounced off higher from the support. We see a strong resistance.

April 28, 2017 Ellipsiz and Support Resistance

Moses 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.