June 18, 2018
Thanks for visiting the site.
Last week we study this stock using MACD indicator. Today, let’s examine the price action on its sideways movement. Have fun learning.
Shanghai Stock Analysis
601628.SS 中国人寿 China Life Insurance Company Stock Charting and Sideways Move
See chart, the price action of 中国人寿 China Life Insurance Company stock price. We had used MACD indicator in our last posting. Now let cross examine the stock price sideways movement. Box is a great visual tool for see the sideways movement. Picture worth a thousand words, see chart. Manage your risk.
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.