April 4, 2017
Welcome to Moses’s Hong Kong Stock Analysis @ AmiBrokerAcademy.com.
ABCD Chart Pattern is the context, MACD Indicator is the context. I practice it. This is a trading strategy I have been taught to perceive, understand, and believe. No right, No wrong, but win money.
0992.HK Lenovo Group Daily and ABCD Chart Pattern
AB = CD Chart Pattern. Picture worth a thousand words.
0992.HK Lenovo Group Daily and ABCD Chart Pattern
MACD is a leading indicator, in a higher timeframe such as day. You will see the trend. Some trend takes a few weeks, some takes a few days.
Look out every clue that MACD provides you.
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.