23 September, 2018
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BABA Alibaba Group Holding and Apple Inc Correlation Charting
Buy Support Sell Resistance or Buy Low Sell High
Study chart of Alibab Group Holding stock price and price action. See price action from last April, you can see BABA goes to high 180 in September and pullback to 170 in August. Now the price action almost test 150. See chart, picture worth a thousand words. It is easy said that done in profit taking when price action breakout below the bull trend.
If you will study Apple Inc stock price. see the chart, the stock price when higher to test 230. See chart.
Trade with eyes open.
Manage your risk.
September 21, 2018 Alibaba Group Holding and Apple Correlation
if you can see the full chart, “press Ctrl and -” to zoom out and see the entire chart.
Moses US Stock Chart Analysis
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.