July 1, 2018
Thanks for visiting the site.
Shanghai Stock Analysis – Trade with Eyes Open
中视传媒 China Television Media Charting and Sideways
To learn how to trade, is first to understand the signals given by the chart.
The market can only in two direction, either up or down. When the market is not moving in up or down, the market will move in sideways. Now watch the sideways carefully, as after the sideways, the trend will breakout. How long for the sideways, do not know. An easy way to monitor is box over the candlestick. As when the bar get outside of the box, the trend has breakout from the sideways. Of course all setup can fail. So, trade with eyes open
We also recommend you add an indicator to help in confirm your understand of the trend direction. We are going to show you the MACD indicator and chart. Have fun learning.
June 29, 2018 中视传媒 China Television Media and Breakout
600088.SS 中视传媒 China Television Media Stock Charting and MACD
Picture worth a thousand words, see chart for details. If the price action continue the bullish candlestick and breakout above the 20 MA, you may want to buy when price action retest the 20 MA and fail; 20 MA becomes resistance, you want to continue to sell. Manage your risk.
June 29, 2018 中视传媒 China Television Media 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.