16 September, 2018
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Moses Stock Stories – Thinking Out Loud
600753.SS 东方银星 Henan Oriental Silver Star Investment Co Charting From 1997
Buy Support Sell Resistance.
Study 东方银星 Henan Oriental Silver Star Investment Co stock price, see chart picture worth a thousand words. The stock price is very choppy recently or may be volatile is the right word. It is very difficult to trade when it is so choppy.
In technical analysis, the key is cut lost quick and take profit as you go. When the stock fail to achieve going higher, it is a great idea to protect your profit.
So, if you can identify support and resistance, this will be your reference for buy or sell. There is no right no wrong in trading. So trade with eyes open.
The stock price started low back in 1997 at 4, and at the peak of 42. Now the price action return to 16. If you apply the buy hold strategy, and yet taking any profit at the peak. You probably will be very map about yourself. In trading, you do not just buy good stock. But to take profit too. Trade with your eyes open.
Manage Your Risk!
September 14, 2018 东方银星 Henan Oriental Silver Star Investment Co from 1997
If you can see the whole chart, “press Ctrl and -” to zoom out.
Let’s focus the stock from 2010, and study the stock for the last eight years. See chart, picture worth a thousand words. We have already express our thought on how you should trade. Trade with your eyes open. Mange your risk well, reduce your risk by taking profit along the way.
September 14, 2018 东方银星 Henan Oriental Silver Star Investment Co Buy Hold Strategy
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.