Shanghai Stock Analysis | 600016.SS  民生银行 China Minsheng Banking Corporation From Day One | AmiBrokerAcademy.com

23 September, 2018

 

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Moses Stock Stories – Think Think Got More Things

600016.SS  民生银行 China Minsheng Banking Corporation From Day One

We study 民生银行 China Minsheng Banking Corporation stock chart. We see the stock price after 2005 become bull trend. Connect the low, we see the trendline is slopping up. The stock price test 8 in 2007, and retest the same high in 2013. Imaging if your apply the buy hold strategy, you will have to wait for six years before the price action retest the same high. So, trade with your eyes open. 

Manage Your Risk! 

 

September 21, 2018 民生银行 China Minsheng Banking Corporation From Day One

If you can see the whole chart, “press Ctrl and -” to zoom out to see the entire chart. 

 

Let’s zoom in, and see the chart from last October. Add MACD indicator, see the price action and MACD. Trade with your eyes open. Manage your risk.

September 21, 2018 民生银行 China Minsheng Banking Corporation and MACD

 

 

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.