17 February, 2020
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GDOT Green Dot Corp Charting
Study Green Dot Corp stock chart price action and year high low.
See chart, picture worth a thousand words.
Manage your expectation.
Look back past six years and study price action on year high low.
Using box to box the year high low, see price action like walking up the stair.
Remember to trade what you see and not what you think.
Price Action continues to go from as low as 15 dollars to the high near 95 dollars. Thereafter the price pullback like a dead cat bounce pattern. Or a few dead cat bounce pattern. Why there were a few sharp fall.
Remember to buy high and sell low. And again, the bull reversal after dead cat bounce always fail.
Remember all setup can fail, and there is no right no wrong in trading.
Manage your risk.
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.