January 15, 2017

We did a Small Cap posting recently. The following is a different way to read the chart. See a different perspective.

Read the post from the link here,

Support Resistance | Boxes | Russell 2000 Index Year High Low | AmiBrokerAcademy.com

Stock Analysis

^RUT Russell 2000 Index Fibonacci Extension and ABCD

Picture worth a thousand words, see chart, Small cap has breakout higher and touch 150%. How to tread? All sign from ABCD pattern is a short, we see many of the point D are landed around the region. See the bearish candlestick or bearish pattern.

Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. 

January 12, 2018 Russell 2000 Index Fibonacci Extension and ABCD

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.