June 1 2021
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TSLA | Tesla Inc and River and ABCD Pattern
We studyTesla Inc using River and ABCD Pattern. Looks like price action is resisted by River. When look further, price action may be supported by 200 MA. A Head Water trade might be happening, in other words Fast MA and Slow MA are met; past experience see a breakout coming. Manage your risk.
Raghee’s wave points near three o’clock.
Manage your risk.
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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.
We learn from many past and present great traders. Kudo to these master.