24 August, 2019
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PEP Pepsico Inc Stock Charting
Study Pepsico Inc stock chart.
See chart, picture worth a thousand words.
Support Resistance is the most powerful tool in Technical Analysis. See Pepsico chart, we could see the price action breakout from strong resistance, strong level, and stay above. Now the price action is supported.
Moving Average is another great visual tool in technical analysis, add Guppy Multiple Moving Average, see chart. Fast MA is above Slow MA, Slow MA is slopping up. Bull trend.
Trade with your eyes open.
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.