21 August, 2018

Korea Stock Stories

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^KS11 Korea KOSPI Composite Index Charting

See chart, picture worth a thousand words. Study Korea KOSPI Composite Index  price action. See  the price action after the peak at 2600 level in 2018, the price can not reach back the high again. The price action start to decline. 

In this stock chart, you can see clearly the ABCD or 1234 pattern. Is the price action ready for a bullish pullback? Will see.

What will the the price action like for the next few days or weeks or maybe months? Will the stock price move even more low? Monitor the stock price. .

Manage your risk.

August 21, 2018 KOSPI Composite Index and ABCD

If you study the Slow Stochastic, you will find ABCD Pattern too. See chart.

August 21, 2018 KOSPI Composite Index and More 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.