April 10, 2019
Welcome to AmiBrokerAcademy.com. Thanks for visiting the site.
We interpreting the markets emotion, price action using patterns and indicators. Hope this make sense to you. Have fun!
This is a stock to watch. Have fun!
^IXIC NASDAQ Composite Index Stock Charting
Study NASDAQ Composite Index Stock chart and MACD.
See chart, picture worth a thousand words.
Price action continue to make lower low in 2018 till the price action breakout below 6,500 level, see chart.
Price action finally return to the high near 8,000 level. Can the price action continue to strengthen? From MACD indicator, MACD is above zeroline, means price action should be bullish.
But remember, what goes up will come down. So, MACD indicator will soon return to near zeroline and finally below zeroline. But, when? In one week, one month or more. will see.
Trade with your eyes open.
Moses Stock Observation
Moses Stock Analysis
AmiBrokerAcademy.com
Disclaimer
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.