MACD | ^NZ50 | NZX 50 Index | Moses Stock Charting | AmiBrokerAcademy.com

April 27, 2019

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We interpreting the markets emotion, price action using patterns and indicators.

Hope this make sense to you.

Have fun!

^NZ50 NZX 50 Index Stock Charting

Study NZX 50 Index chart and MACD.

See chart, picture worth a thousand words.

Zoom in, we see price action goes from high to low and retest the low to confirm the support is solid before breakout resistance.

Resistance turns support.

Trade with your eyes open.

Moses Stock Observation

April 26, 2019 NZX 50 Index and MACD

Moses Stock Analysis

AmiBrokerAcademy.com

Disclaimer

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.