February 20, 2018

Last week we were expecting a rally in US stocks market. From Fibonacci numbers it came a very nice retracement number.

Last week is also a great holiday for China and the Chinese market, as February 16, 2018 is Chinese New Year. Those whom celebrate CNY will celebrate for 15 days.

US Stock Analysis

GOOG Alphabet Inc and Fibonacci Retracement 78.6%

See chart for more, swing low from October Low, the price action retrace down to 78.6%. GOOG rally after 78.6%. What will happen next week. 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 16, 2018 Alphabet Inc aka Google and Fibo Retracement

GOOG Alphabet Inc and MACD

See chart for more, see MACD signals.

Manage your risk.

February 16, 2018 Alphabet Inc aka GOOG and MACD

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.