12 August 2020
Welcome to AmiBrokerAcademy.com. Thanks for visiting the site.
BABA Alibaba Group Holding Weekly Stock Charting
Study Alibaba Group Holding Weekly Stock Charting, Price Action and boxes.
There are two sides of a coin. In trading too, the price action either at resistance or support. And, you either making money or lost.
Picture worth a thousand words. See chart.
Trade with eyes open. Mange your risk.
Boxes
We use box to box the high low of a quarter. Boxes help you to visual the stock price performance. Or, support and resistance.
Price Action
Price Action moves in zigzag manner.
Support Resistance or Trendline
Buy Support Sell Resistance.
Weekly Chart – Longer Term Charting
Moses Stock Observation
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.