September 29, 2017
600282.SS Nanjing Steel ST 南钢股份 and MACD Signals
Picture worth a thousand words. see chart for the MACD Signals, divergence. Price action begin to test the trendline, the support trendline. Some price had breakout below the trendline, can this breakout a “whipsaw” or the start of the decline momentum.
Stock listed in Shanghai Stock Exchange.
September 29, 2017 Nanjing Steel ST 南钢股份 and MACD Signals
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.