June 3 2021
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BABA | Alibaba Group Holding from IPO
For Alibaba, we like to study the stock from its IPO. We see price action continues to go higher until end last year. We mark some abcd pattern. Study Alibaba ABCD pattern. Study the support resistance.
Price Action now supported at 2018 year high. Can the support hold the fall? Will see.
Manage your risk.
Moses Free Stock Charting
Moses Power US Stock Charting
Official AmiBrokerAcademy.com Charting
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.
We learn from many past and present great traders. Kudo to these master.