September 11, 2017
TESO Tesco Corp and Support Resistance
Picture worth a thousand words. After share price tested $9.5, the share price tested $4. The share price is resisted by $5. Can the share price breakout higher than $5. Will see.
Tesco Corp and Channel
Picture worth a thousand words, see chart for more. Connect the low and copy and paste the trendline to the top, forms channel. The Channel is slopping from top left to bottom right. Bearish trend. See the chart in more details, the price action is currently sideways.
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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.
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