June 5, 2017
Broadcom Charting
Picture worth a thousand words.
If you check your pc, or notebook you may find Broadcom. The company produce communication chips. The stock price is on a price in 2017 (from the chart). You can easily see the resistance turns support, the January box high has now the March and April Low, support. Fun? right.
So, professional buy low and sell high, buy when the price trace back to the support before enter the market again. Have fun!
When you connect the low, you form a trend line. We see the trend is up. Copy the trendline and paste at the high, you form a channel. You can see the price bouncing between two trendline, or channel.
Now, the price still have some room before it reach the upper trendline. Watch out!
June 2, 2017 Broadcom and MACD Indicator
The analysis here is intended to be a tutorial only. We look at the chart from different views. We mainly study the popular stocks in US market and Singapore. Hope you can learn something. There is no right no wrong.
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.