3 August, 2018
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GSK Charting with Year High Low
See chart, picture worth a thousand words. Study GlaxoSmithKline stock three years stock chart, we see price action keeps forming lower high. The stock price breakout lower than the strong support, a very strong support (because two years low). The stock price seems to be rebounce and have some of the bear trapped.
Manage your risk.
GSK GlaxoSmithKline Charting and Channel
Picture worth a thousand words, see chart.
Moses US Stock Chart Analysis
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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.