August 6, 2017
CH8 China Sunsine Chem Holdings and Resistance Turns Support – Data From 2008 to 2017
See chart for more, picture worth a thousand words.
This is just another example to illustrate the power of Support Resistance.
The following chart we draw boxes to aid the visual on the high and low of the year. We see resistance turns support.
In other words, do not oversight of the year high, year low, month high, month low. Of course this include all the high and low of all timeframe.
You can easily identify the price action from these high and low, resistance turns support and so on.
CH8 China Sunsine Chem Holdings Big Cup and Handle Chart Pattern Data From 2008 to 2017
See chart for more, picture worth a thousand words.
Share price begin to go up after breaking the neckline, watchout.
CH8 China Sunsine Holdings and Gartley ABCD Chart Pattern
See chart for more.
CH8 China Sunsine Holdings and 34 MA Band
MA is a visual aid, 34 MA band crosses above 200 MA. 34 MA and 200 MA is wide open.
Thanks for visit the site here. You could also find free MACD scan here in this site too.
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.