February 17, 2020
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000001.SS Shanghai Stock Exchange Composite Index 上证交所指数 Stock Charting
Study 上海证交所指数 Shanghai Stock Exchange Composite Index Stock chart and Price Action and year high low.
See chart, picture worth a thousand words.
Zoom in and study 000001.SS for last twelve months, add box to the month high low. Price Action of month high low is like walking up and down the stairs.
Trade what you see and not what you think.
Price Action goes below and above key level. 2900 points is a strong level in last twelve months.
Remember to buy low and sell high.
Trade with your eyes open.
Moses Stock Observation
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.