June 121, 2017
Never Jump! Professional trade on retracement.
What if you thought you miss and you jump in. You will not be able to sleep for a few days.
Alphabet Inc and Support Resistance
You can buy anything in Amazon. You can search anything in Google. Amazon starts off selling books, aka knowledge. Google from the user, is knowledge, from the businessman, it is a marketing tool. …
Picture worth a thousand words.
We see the price act like Amazon.com, a great pullback. Now the distance between the current price to $1000 is further. …
Eventually, the stock price is going to break above one thousand. This month. This year. Who will know? I don’t.
Trade retracement, be careful, do not end up buy high and expect to sell higher. Even it does not breakout above one thousand dollars, this is his problem. Unless you are the owner, or you are already the stakeholder.
June 20, 2017 Alphabet Inc aka Google and Support Resistance
Risk
If you can wait, remember professional likes to wait for retracement. This will minimize the risk, as your stop loss will be smaller. So, picture worth a thousand words. In this case study, if you wait for pullback, you will have a handson gain; you can enjoy a big move in short time. Waw!
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.