August 1, 2017
Future Cars
The future car, like Tesla Motors’ car if US is to follow like France to band petrol and diesel cars.
Read story of France to ban sales of petrol and diesel cars by 2040 at theguardian.
Let’s study Tesla Motor Inc share price.
Tesla Motor and Moving Averages and Support Resistance
See chart for more, picture worth a thousand words.
We see price action cross up 20 MA, and price action supported by 20 MA. But the share price cross below 20 MA in July, share price also cross below 50 MA, but share price get supported by 10 MA. The PA stays above 100 MA. Bullish because the 100 MA slopping up.
20 MA cross up 50 MA and 100 MA, Golden Cross at end of 2016.
July 31, 2017 Tesla Motors and Support Resistance and Moving Averages
TSLA and Channel
Channel slopping down then slopping up from bottom left to top right, bullish trend.
July 31, 2017 Tesla Motors and Channels
Tesla Motors Inc and MACD Signals
MACD crosses down zeroline, bearish bias.
July 31, 2017 Tesla Motors and MACD Signals
Tesla Motors Inc and 34 MA Band
34 MA slopping up, bullish. But the share price crosses below 34 MA Band and get resisted by 34 MA Band. So, …
July 31, 2017 Tesla Motors Inc and 34 MA Band
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.
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