Over Sold Condition May Persist | BABA | Alibaba Group Holding | Moses Free US Stock Charting | AmiBrokerAcademy.com

19 December 2020

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Picture worth a thousand words. See chart.

Trade with eyes open and mange your risk.

We are fan of H M Gartley, we apply Gartley observation, ABCD pattern on our price action chart. See chart.

From the pattern, there is a possibility that the projected level is past resistance and support masses. Trade with eyes open.

In Stochastic, the oversold condition may continue. Manage your risk. Have fun!

Study BABA Alibaba Stock Charting

20201217 Alibaba Group Holding and Stochastic and H M Garley ABCD Pattern

Moses Stock Observation

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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.

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