November 18, 2018
Thanks for visiting the site.
GOOG Alphabet Inc Daily Charting
We believe in Buy Low Sell High
In other words Buy Support Sell Resistance
Study Alphabet Inc stock chart.
Remember to trade with eyes open.
Use the great visual tool, moving averages. The stock price moves from below 1000 dollars to the peak near 1280 dollars. See chart, picture worth a thousand words. Then, the price action fail to continue to move higher. The price begin to move south, follow the H M Gartley 222 pattern to move to the low below 1080 dollars. The price action can not stop drifting south, finally return to the 1000 dollars level. It is fortunate that the price does not close below 1000 dollars. The price action now close above 1050 dollars.
From the moving averages, we see the fast ma close below 200 ma, slow ma. The price action stay below 20 MA.
Trade with your eyes open.
Manage your risk.
November 16, 2018 Alphabet Inc and Moving Averages
if you can see the full chart, “press Ctrl and -” to zoom out and see the entire chart.
Add MACD indicator, see chart picture worth a thousand words.
November 16, 2018 Alphabet Inc and MACD
Moses US Stock Chart Analysis
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.