Breakout Support? | GOOG | Alphabet Inc Stock Analysis | AmiBrokerAcademy.com

27 December, 2018

Think think got more things.

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GOOG Alphabet Inc Daily Chart

We believe in Buy Low Sell High 

in other words Buy Support Sell Resistance

As we said before, before you can buy support and sell resistance you must know how to draw a support resistance.

One way to draw support resistance, that is reference to the month high low. See the following chart as an example.

Study GOOG chart, we see price action test the high 1280 dollars. After test the high, the price action drift south.

See the price action near 1000 dollars, many of the month high or low stop there, or stop at the zone.

Trade with your eyes open.

December 26, 2018 Alphabet Inc and Support Resistance

if you can see the full chart, “press Ctrl and -” to zoom out and see the entire chart. 

Moses US Stock Chart Analysis

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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.