June 29, 2017
Trend is Still Up?! The Great Eastern Holdings and MACD Signals
Ride the trend!
Picture worth a thousand words, You will find MACD Cross down signal, MACD Cross up signal, and MACD Cross Down fail signals. After bull, market felt the price is now too high, therefore in the last trading day, price stop to move north and close near the previous day open. At one point, the price even go lower than the previous day open.
Enjoy your ride.
Hune 29, 2017 Great Eastern Holdings and MACD Signals
The Great Eastern Holdings and Channels
Picture worth a thousand words. The price action moves from bottom left to top right; uptrend. Have you ride the trend? A bear big candle after three big bull candles. Watch the trend!
Have fun riding the trend!
Professional trade retracement, they buy low and sell high. They seldom buy high and sell higher.
June 29, 2017 Great Eastern Holdings and Channels
Support Resistance and G07 The Great Eastern Holdings
What can you see from the chart below? A very nice round bottom, After end July last year the price can reach any higher, the market started to drive the price lower, the market just emotionally think the price too high. Now nearly a year, or to be correct, in end April this year the price close above the last July peak and retest the peak again in May. Since than the price action had no return by jump from 22 dollars the last year July peak to now 24.6 dollars on the last close. What the fast move!
June 29, 2017 The Great Eastern Holdings and Support Resistance
Professional Do Not Buy High and Sell Higher!
Majority of the time, professional will control not to buy high and sell higher. They will jump out; cut lost to exit first.
Professional trade on retracement.
What if you thought you miss and you jump in. You may be ended up you can not sleep for a days. … As you might be buy high and expecting to sell higher.
Moses Stock Analysis
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.