15 February, 2020
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NFLX Netflix Incorporated Charting
Study Netflix Inc stock chart price action and year high low.
See chart, picture worth a thousand words.
Manage your expectation.
Look back last five years and study price action on year high low.
Price Action was divided by a strong belt. See chart.
Remember to trade what you see and not what you think.
Buy support and sell resistance. So, you buy low and sell high.
Price Action breakout above the strong belt, price action is currently above the level.
Now remember all setup can fail, and there is no right no wrong in trading.
Manage your risk.
Moses Stock Observation
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.