Chart Analysis | TOT Total SA and Fibonacci Extension From Low to High | AmiBrokerAcademy.com

7 April, 2018

 

April 5, Reuters Business News reported Trade dispute escalates as Trump threatens $100 billion more in China tariffs. Now the stock markets around the world is like a yoyo, swing up, swing down all because of the words form Mr Trump.

Read the details, from the link,

Trade dispute escalates as Trump threatens $100 billion more in China tariffs

US Stock Chart Analysis

TOT Total SA and Fibonacci Extension From Low to High

Picture worth a thousand words, see chart on Total SA using Fibonacci. Swing low to high and draw Fibonacci Extension. The stock price after tested the 127%, the stock price got resisted and move south. Total SA stock price retest the support near 38%, the stock price is now ready to retest the 127% again.

Manage your risk!

 

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. 

 

20180404 Total SA and Fibo Extension Low to High

Moses US 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.