October 5, 2017
Mid-Autumn Festival
Yesterday was Mid-Autumn Festival for 2017. Chinese believes the moon is in perfect round on the mid of the Lunar month, but remember the market has speculate for this year, the mood will be even more round and more bright on seventeenth of the month which is two days after the mid month. Have fun!
Some even believe the energy of the Mid-Autumn moon light is the more valuable. Go out and enjoy the moon light these few days.
S59 SIA Engineering and MACD Divergence Signal
Picture worth a thousand words, see chart on MACD divergence signal. See the price action has confirmed by breakout from the trendline. The price break below four dollar. The price since than has follow the gravity and keep moving lower and lower. Can the $3.20 hold the fall?
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.