November 5, 2018
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Moses Stock Stories – Thinking Out Loud
Thinking Out Loud | Shanghai Pudong Development Bank 浦发银行 600000.SS and MACD | AmiBrokerAcademy.com
Shanghai Pudong Development Bank 浦发银行 600000.SS
We did a study of Pudong Development Bank stock chart. We felt strongly with the interference of the US trade tariff policy. Stock market is one of the major casualty. We saw the stock index is nearly returning to the origin point, back in 2016.
We suggest at that time, to catch the falling knife, wait. Wait for bullish pattern. Did you manage to catch the rebounce. If H M Gartley pattern is correct, we are in the CD leg. See chart.
Manage your risk.
Manage Your Risk!
November 2, 2018 浦发银行 Shanghai Pudong Development Bank Co Charting
July 7, 2018 Shanghai Pudong Development Bank 浦发银行 and MACD
The last time we review Pudong Development Bank MACD chart was in July, see the above chart. Now, the price action rebounce. See MACD is also above the zeroline, bullish bias. See chart.
November 2, 2018 浦发银行 Shanghai Pudong Development Bank Co and MACD
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.