August 16, 2017
0992.HK Lenovo Group and 34 MA Band
See chart for more, picture worth a thousand words.
Moving Average is a great visual tool for inspecting the trend. When you combine the high, low and close of the MA, the results even more interesting. Have fun!
Price Action crossed down below MA band, crosses up above, then below, then above, … finally below, bearish.
Remember No Right No Wrong
Remember there is no right no wrong in trading.
August 15, 2017 Lenovo 0992.HK and 34 MA Band
0992.HK Lenovo Group and Channel
See chart for more, picture worth a thousand words. Trend still bullish. Do you know why? It is very obvious, as the channel slopping from bottom left to top right.
August 15, 2017 Lenovo Group and Channel
0992.HK Lenovo Group and MACD
Picture worth a thousand words. MACD signal and MACD Histogram is sync with the price action. Bearish bias.
August 15, 2017 0992.HK Lenovo Group and MACD Indicator
In addition to the above analysis, we shall do a different version of analysis. Check the space (web site) for the new posting. Have fun!
Thanks for visit the site here. You could also find free MACD scan here in this site too.
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.