7 December 2018
Thanks for visiting the site.
Shanghai Stock Analysis
600379.SS 宝光股份 Shaanxi Baoguang Vacuum Electric Device Co. Stock Charting
Trade with your eyes open. Manage your trade.
Support Resistance is the an important tool in technical analysis. Besides MACD indicator. But, if you can check on the wave count, it is also very important. See chart.
The price action after test 29 RMB, the price start to move down, then rebounce, then drop down. So, by now, you maybe able to see five count of wave. Picture worth a thousand words, see chart.
Trade with your eyes open.
December 7, 2018 宝光股份 Shaanxi Baoguang Vacuum Electric Device Co. and Wave Count
Add MACD indicator, see chart. Stock price might be reversal. Trade with eyes open.
December 7, 2018 宝光股份 Shaanxi Baoguang Vacuum Electric Device Co. and MACD
Moving average is a great visual tool for technical analysis, when price action above moving average such as 200 MA you will be quite sure its bull trend. When trend close below and stay below 200 MA, the trend is bearish. It is safe to stay away for buy, or not for long term buy trade. See chart.
December 7, 2018 宝光股份 Shaanxi Baoguang Vacuum Electric Device Co. and Support Resistance
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.