What If Fibo Extension | MSFT Microsoft Corporation and Fibonacci Extension | AmiBrokerAcademy.com

February 28, 2018

 

We forgot the following analysis, so we decide to post it for your reference. 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. Thereafter slowly climb up, step by step.

US Stock Analysis

MSFT Microsoft Corporation and Fibonacci Extension

Study chart for more, picture worth a thousand words. As trader, we like to predict where the price direction. Since the price action approaching the high, so we try the Fibo extension, swing low to high and see where the 127% is.

 

Don’t Take the Prediction At Face Value

Do not take any information at face value, it certainly a good idea to do your own analysis. Manage your risk!

 

Manage your risk!

 

20180226 Microsoft Corporation and Fibo Extension

Moses US 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.