February 26, 2018
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
Exxon Mobil Corporation (Ticket: XOM) and Fibonacci Retracement
Study chart for more, picture worth a thousand words the Fibo Retracement from Low to High. Bullish trend. Missed the high at 96 dollars, the stock price start to decline. Breakdown below 61.8% and retest below 61.8% again. The price action still not touching 78.6%.
Manage your risk!
XOM Exxon Mobil Corporation and H M Gartley ABCD Patterns
See chart for more. Possible for the CD leg to complete. Will see.
Manage your risk.
XOM and MA Band
See chart for more.
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.