February 26, 2018

Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below. Thereafter slowly climb up, step by step.

Singapore Stock Analysis

F83 COSCO Shipping International (S) Company Charting

Study chart for more, picture worth a thousand words, swing low from September Low to November High, the price action pullback to test the 78.6% level. The price action bounce up again.

Manage your risk!

20180223 Cosco Shipping International and Swing Low to High

F83 COSCO Shipping International (S) Company Fibonacci Retracement Swing High to Low

To check the pullback level, swing high to low, and see the pullback touch 61.8%.

Manage your risk.

20180223 Cosco Shipping International and Swing High to Low

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.