March 1, 2017
Moses Stock Trading Blog Site – AmiBrokerAcademy.com
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Welcome to Moses’s US Stock Analysis @ AmiBrokerAcademy.com.
IBM International Business Machines Daily Charting Update
In our last analysis, see below thumbnail. The chart was capture in the mid of March 1, the trading day still not close. The bar was a WIP bar.
See the follow up analysis to continue the March 1 bar.
February 28, 2017 IBM Daily
IBM March 1, 2017 Chart
Besides the fundamental, a strong up move after the range after mid January 2017, the price pull back. We see a inside bar after the pullback low. The bull inside bar signal a trend continuation. Not as strong bull trend as the first leg up, but still a bull trend with one bear bar. After the large bull the trend exhausted; range bar, doji. The trend starts sideways, in the flag.
The sideways may continue for one more up down before break out high or low. It has higher probability in high. Will see.
March 1, 2017 IBM Daily Update
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.