4 November 2020
You are at AmiBroker Academy free AmiBroker stock charting.
Picture worth a thousand words. See chart.
Trade with eyes open. Mange your risk.
We use indicator, but we read chart on their price action. Don’t miss taken.
TSLA | Tesla Inc Stock Charting
Study Tesla Inc Stock Charting and Price Action.
Price Action
Price Action moves in zigzag manner.
Support Resistance or Trendline
Buy Support Sell Resistance. Or buy low and sell high.
All in all, at all time must trade with confirmation signal. Have fun!
Channel
Connecting the low to draw a trendline. Copy and paste the trendline to a peak to form a channel, a equal distance channel.
Channel is a great reference for trending and price action. Price action will take sometime to breakout from a channel.
If you could trade the price action accordingly with channel, you can be doing well. Manage your risk.
Study the monthly chart of Tesla, you may find it is very similar to Apple Inc monthly chart. But can Tesla like Apple, will see.
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.
We learn from many past and present great traders. Kudo to these master.