Welcome to AmiBrokerAcademy.com.
The website uses powerful charting software AmiBroker.
Look left and think right.
When you trade you must have good reason for your buy or sell. Especially in the current market condition, you definitely must find as many good reason as you can to support your trade decision and strategy.
Alibaba Group Holding Limited | BABA
Not all online business make money! At least this is the quote for you, and those who has invested on Alibaba. If you have rushed and bought Alibaba stock at the IPO, now you will think you are the core investor as you are going to hold on to the stock just like Jack Ma. There is no reason for you to get rid of them now. And for those who thought they have missed the IPO and bought at the high, worst can sleep these days.
You wish you have know River. Look at the chart, at the high PA is away from and above River. If you will buy at this point, you will be buy high and expect to sell higher.
Most trade try to buy low and sell high. It is easy say then done. You need a lot of discipline and experience. Of course tools like River will help you. Check out Raghee Horner’s books for more.
September 10, 2015 Alibaba Group Holding Limited
River
River is a special moving average. River is made up of High and Low of a Moving Average such as 34 period. River is a great visual aid for trading. To learn more above River, please more from Raghee Horner’s books.
Thanks for visiting the website.
Moses
DISCLAIMER
Website advice, “Stock trading is not a get rich quick scheme and it is high risk”.
Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should NOT be considered as an offer or enticement to buy, sell or trade.
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