Charting | 601801.SS XinHua Media 皖新传媒 | AmiBrokerAcademy.com

December 9, 2017

Do You Know?

In Ed Seykota opinion, … he don’t think traders can follow rules for a very long. At some point, trader has to change and find a new rules that he can follow. 

 

Ed Seykota Believe 

Ed Seykota believe is trade has to constantly evolve and growth.  

601801.SS XinHua Media 皖新传媒 Charting 

Study XinHua stock, use a two years chart for the learning. We see a very perfect bell curve, low to high to low. Use year high year low as key support resistance. 2016 High near 2017 High, 2016 Low near 2017 Low. … 

 

 

 

Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. 

 

 

December 8, 2017 XinHua Media and Year High Year Low

 

 

 

 

 

XinHua Media 皖新传媒 601801.SS and MACD Indcator Charting 

See chart, MACD Histogram forms lower high, the price forms higher high, watch for a trend change.

 

December 8, 2017 XinHua Media and MACD Indicator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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.