December 2017
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ABCD Pattern | Alibaba Group Holdings BABA |

December 6, 2017



US Stock Analysis




BABA Alibaba Group Holdings and Retest

Price action continue to form higher high, however, the pullback to retest the same level, see chart.



Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. You can easily add the channel. See chart. 


December 5, 2017 Alibaba Group Holdings and Retest



BABA Alibaba Group Holdings and ABCD Pattern


ABCD Pattern is a good pattern to project the price movement, see chart.


December 5, 2017 Alibaba Group Holdings and ABCD Pattern






















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.