April 26 2018
Let’s study 联想集团 Lenovo Group again.
Hong Kong Stock Chart Analysis
0992.HK 联想集团 Lenovo Group and MACD
In addition to study Lenovo stock price using MACD indicator. We see the price action went lower, but the bar did not close below the last low. Besides that the next bar still close above the last low. You may also notice the “egg” between MACD and signal. When the gap, the “egg” still remain big. These mean the trend will continue. Manage your risk.
April 24, 2018 Lenovo Group 联想集团 Still Close Above Last Low
0992.HK 联想集团 Lenovo Group and Year Support Resistance
Lenovo Group had sank to its lowest level since 2009 after U.S. ban on ZTE. ZTE banned by U.S. Department of Commerce has undermined sentiment toward technology sector. Lenovo probably is one of them.
April 24, 2018 联想集团 Lenovo Group Year High Low
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. Anything, finance ticket you could download from Yahoo! Finance you could plot them, those you are interested all in a chart, so you could analyse them.
Moses China Stock Chart 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.