November 18, 2017
How to Read Stock Chart
Do you know how to read stock chart?
K75 Koh Brothers Group and Chart
What goes up will come down, but no must come down? The only different is where is the group level. Don’t get me wrong that this down will go lower. The key lesson is do not think the price will just go rocket high, the price is always moving in a zigzag manner.
Respect All Indicators
Next, must respect all indicators, one of the common indicator is moving average. See chart, the price action slow down or hold by the Moving Average band.
All indicators play a part of their role in technical analysis. Because of these indicators, the price action moves.
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.