June 23, 2017
Never Jump! Professional trade on retracement.
What if you thought you miss and you jump in. You may be ended up you can not sleep for a days. …
Alibaba Group Holding and MACD Cross Up Signal
You can buy anything in Alibaba, will you? . …
Picture worth a thousand words.
We see the price bounced up after a great pullback. Now the distance of the second up trend is about the distance of the first up trend. Is about time for another pullback before bouncing up again. Who will know? I don’t.
Trade retracement, be careful, do not end up buy high and expect to sell higher.
This is a rare opportunity to see a stock chart since IPO. The following is a weekly chart for BABA stock performance since day one. Have fun!
You could find the MACD signal in our five days US Stock scan.
June 22, 2017 Alibaba Group Holding and MACD Cross Up Signal
Risk
If you can wait, remember professional likes to wait for retracement. This will minimize the risk, as your stop loss will be smaller. So, picture worth a thousand words. In this case study, if you wait for pullback, you will have a handson gain; you can enjoy a big move in short time. Waw!
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.