March 11, 2018
What is BAT?
In this context here, Baidu, Alibaba and Tencent, collectively known as BAT . These are today China tech firm. Out of three, 腾讯控股 is the exception not listed in US stock exchange. Maybe Tencent is smart, less reporting trouble. We did a Tencent stock price analysis earlier, and think think got more things. Let’s see the stock price from the MACD indicator stands point.
Some report highlighted Tencent and Alibaba are currently the world top biggest companies by market capitalisation. True or true? So, those whom invested on these stocks expect the stock price to be rock high. Possible, but please learn why the stock price goes higher. It’s because of you, you believe they are good stocks. Manage your risk, don’t end up buy high and sell higher.
We will post the Alibaba and Baidu charting analysis soon.
Hong Kong Stock Analysis
0700.HK Tencent Holdings 腾讯控股 and MACD Charting
Study Hong Kong Stock Tencent Holdings 腾讯控股, the price action keeps continue to forming higher high from 2017, see trendline in our last posting. Now study the chart with MACD indicator, see the price action stop pushing higher. The price action forms a lower high this time, see chart. Is trend ending? Will see.
Manage your risk.
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below.
20180309 Tencent Holding 腾讯控股 and MACD
0700.HK Tencent Holdings 腾讯控股 and Trend Ending
See chart for more. You see, think think got more things. …
March 9, 2018 Tencent Holding 腾讯控股 and MACD Trend Ending
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.