January 17, 2018
Maotai originated during the Qing Dynasty (1644–1912).
贵州茅台 Maotai at one time was name as China national drink. Maotai has been a favorite at state banquets ever since the soldiers left town with liquor strapped to their backs. Mao Zedong offered it to Nixon in 1972. Maotai became the world’s only socialist luxury brand.
You can read a story by Newsweek, read more on the following link, http://www.newsweek.com/how-maotai-became-worlds-only-socialist-luxury-brand-63691
China Stock Analysis
Kweichow Moutai Year High Low Since 2002
Study the following chart and tell me, what is your trading plan? Buy or Sell.
Read the following chart, it is nearly no way to enter a low risk trade, as the price is so high now.
To reduce the risk, wait for a reasonable pullback.
Manage your risk.
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below.
January 17, 2018 Kweichow Moutai Year High Low Since 2002
600519.SS Kweichow Moutai Year High Low from 2007
Zoom in, Have fun!
January 17, 2018 Kweichow Moutai Year High Low from 2007
600519.SS Kweichow Moutai 贵州茅台 Quarter and Year High Low from 2014
Zoom in further, Have fun!
From a correlation stand point, see chart both stock are in the similar trend.
January 17, 2018 Kweichow Mouta Quarter and Year High Low from 2014
600519.SS Kweichow Moutai Quarter and Year High Low from 2016
Zoom in further, Have fun!
Janauary 17, 2018 Kweichow Moutai Quarter and Year High Low from 2016
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.