February 7, 2018

Hong Kong Stock Analysis

0700.HK Tencent Holdings Charting

We have studied the Lenovo stock, Sunny Optical stock. And it is a mixed feelings. As said, my analysts will jump and add to the fire on the markets movement.

Let’s study Tencent Holdings stock. The stock has a pullback since end of January, but if you have drawn a channel. You properly spotted the trend is bullish. The stock price pullback and touch the lower band of channel. The stock price ready to bounce or going to breakout lower. Will see.

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. 

February 7, 2018 Tencent Holdings Charting

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.