November 30, 2017
Shanghai Stock Analysis
603019.SS 中科曙光 Dawn Info Industry and Wave Count
Wave Count is another approach to plan your trade, see chart, 中科曙光 Dawn Info Industry after retest the low and retrace up. We see the price action after move up and pullback, but this time formed a higher low, we could project the trend might be changing. Now the price action has past through 1, 2 and 3.
Wave Count probably is another good way to plan your trade. But, the count could less than five, or the wave length can be vary. So, be flexible. Use your own rules.
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. You can easily add the channel. See chart.
November 29, 2017 Dawn Info Industry and Wave Count
中科曙光 Dawn Info Industry and MACD Indicator
It is no issue to use another indicator to study the chart. What you are looking for is as what Warren Buffett said, trading rule number one don’t lose money. Trading rule number two don’t violate trading rule number one.
So, never believe in any guru or master tell you that they are indicator less trader. The true is why fight such a kind of war. Many of the indicator created with strong history and mathematics theory behind. If you are a trade technical analyst, you believe probability.
November 29, 2017 中科曙光 Dawn Info Industry and MACD Indicator
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.