May 11, 2019
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HOPE, Hope Bancorp Inc Stock Charting
Study Hope Bancorp Inc stock chart and Fibonacci Extension.
See chart, picture worth a thousand words.
Swing high to low, and find the support.
Price action breakout below 127% and pullback. From H M Gartley pattern, the price action is rebounce, or reversal. Can the price action follow the line to complete CD leg? Will see.
Trade with your eyes open.
See from a bigger picture, see the big H M Gartley pattern.
Moses Stock Observation
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.