March 3, 2018

China Stock Analysis

600021.SS Shanghai Elec 上海电力 Charting

Study China Shanghai Stock 600021.SS Shanghai Elec 上海电力, the price action keeps continue to forming lower low.

Manage your risk.

20180301 Shanghai Elec 上海电力 Charting

Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below. 

600021.SS Shanghai Elec 上海电力 and Fibo Extension 

In order to plan how to trade, we see may be using Fibonacci tool to aid the study. Study China Shanghai Stock 600021.SS Shanghai Elec 上海电力, swing high to low Fibo Extension, we see the price action at different level of the extension. 

Manage your risk.

20180302 Shanghai Elec 上海电力.Fibo Extension High to Low

600021.SS Shanghai Elec 上海电力 Charting From 2015

Study China Shanghai Stock 600021.SS Shanghai Elec 上海电力, the price action push high to near 36 in 2015, thereafter the price action drop down to the current low.

Manage your risk.

20180302 Shanghai Elec 上海电力

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.