April 24, 2019
Welcome to AmiBrokerAcademy.com. Thanks for visiting the site.
We interpreting the markets emotion, price action using patterns and indicators. Hope this make sense to you. Have fun!
This is a stock to watch. Have fun!
BABA Alibaba Group Holding Stock Charting
Study Alibaba Group Holding Stock chart and Fibo.
See chart, picture worth a thousand words.
Swing low to high, fom low below 90 dollars to the high above 200 dollars. We see price action pullback to test the support at 61% before take off again.
We could easily see ABCD pattern, the current price action remain below 200 dollars. Can the price action retest the high near 210 dollars? Will See.
Trade with your eyes open.
Moses Stock Observation
Moses Stock Analysis
AmiBrokerAcademy.com
Disclaimer
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.