10 September, 2018
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ZUMZ Zumiez Inc Charting
Buy Support Sell Resistance or Buy Low Sell High
Study chart of Zumiez Inc stock price. Apply buy support and sell resistance strategy, see chart picture worth a thousand words, where is the support, where is the resistance.
Stock price test and retest 42 level, and fail. The price action test and retest the second level near 33. The test near 33 again was very recent. See chart, picture worth a thousand words.
Remind you again, buy support and sell resistance. Of course, you and buy resistance if the price breakout above resistance. It will be safer the price retest the resistance after breakout, that would be resistance turns support. Trade with eyes open.
Manage your risk.
Ticket ID: ZUMZ and MACD
Price Action goes higher and MACD moves lower high. See chart, picture worth a thousand words. Manage your risk.
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.