January 24, 2018
US Stock Analysis
AAPL Apple Inc and MACD and Month High Low
Study chart, and see the price action did not close below two months high. The price action is still bullish. But if you will read the MACD signals, the MACD is forming lower high, and price is forming higher high and higher low. MACD is signalling a likely trend change. So, watch the price action for the weakness and the pullback.
Picture worth a thousand words, see chart and think, think think (think more) and got more things. Have fun!
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.
AAPL Apple Inc and Channel and ABCD Sell Pattern
Picture worth a thousand words, we see a ABCD sell pattern, monitor the price.
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.