April 13, 2019
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600363.SS Jiangxi Lianchuang Opto Electronic Science &Technology Co 联创光电 Stock Charting
Study Jiangxi Lianchuang Opto Electronic Science & Technology Co 联创光电 Stock chart and wave count.
See chart, picture worth a thousand words.
No two technical analysts count the same Elliott Wave. True or true. Will there is always a strong opinion on which is a correct Elliot Wave count.
Why Elliott Wave? Simple, many of the experience trader depending the Elliott wave count to determine the end of the bull trend or bear trend.
It is much simple to count ABCD. See our last posting we see ABCD pattern. At the end of the CD leg, the price action will pullback.
Trade with your eyes open.
Moses Stock Observation
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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.