May 13, 2017
Last October, we did a analysis for First Resources using support resistance, MACD Indicator, and MA wave.
First Resources EB5 and 34 MA Wave
Picture worth a thousand words, see chart the price action cross below the MA wave and resisted by the MA wave. The stock price action is very bearish. Manage your risk.
May 10, 2018 First Resources and MA Wave
First Resources EB5 Trading Strategy – Buy Support Sell Resistance
Picture worth a thousand words, see chart the price action. The simple strategy in all time will be buy support sell resistance. Besides that the price action is always moving in zigzag. Some if you could recognize a pattern of ABCD, you can reference to ABCD buy or ABCD sell as the entry. But do remember all setup can fail. So manage your risk.
May 10, 2018 First Resources Trade Strategy
First Resources EB5 and MACD Divergence
See chart, and compare to our last posting and analysis of First Resources. Picture worth a thousand words, but do remember all setup can fail. Manage your risk.
May 10, 2018 First Resources and MACD
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.