Correlation | XOM | Exxon Mobil Corporation and BP PLC Correlation Stock Charting | Moses Stock Analysis | AmiBrokerAcademy.com

14 March, 2019

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XOM Exxon Mobil Corporation and BP PLC Correlation Stock Charting

Study Exxon Mobil Corporation and BP PLC Correlation stock chart.

Study both stock price action. You may notice the decline are similar.

It provides trader some imagination on the next price action.

See chart, picture worth a thousand words.

But remember, to trade with your eyes open.

March 13, 2019 Exxon Mobil Corporation and BP PLC Correlation

Moses Stock Observation

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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.