November 28, 2018
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Shanghai Stock Analysis
600999.SS China Merchants Securities Co. 招商证券 Stock Charting
Study China Merchants Securities Co. 招商证券 stock, see chart. Add the MACD indicator, we see the MACD signal cross up zeroline and MACD signal above MACD to sync with the price action rebounce. The price action after test 15 RMB and pullback a bit. But, the MACD cross down signal line. See chart, picture worth a thousand words. This is only focus on 2018 stock price performance. All in all, the price has declined.
Trade with your eyes open. Manage your trade.
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.