January 15, 2017
We did a Hang Seng Index posting this year in less than ten days ago. The following is a different way to read the chart. See a different perspective.
Read the post from the link here,
Hong Kong Stock | ^HSI Hang Seng Index | Moses Stock Analysis
China Stock Analysis
^HSI Hong Kong Hang Seng Index Fibonacci Extension
Picture worth a thousand words, see chart, HSI has breakout higher than 200%. How to tread, wait for pullback and resume the current trend. But, you have to make sure the pullback is not a reversal. Reversal means trend change, bull gets exhausted and the bear takes over. Monitor the index and trend.
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software.
Hong Kong Hang Seng Index and Butterfly
See chart, there were many butterfly.
Moses
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.