Consolidation | Distribution | 000001.SS | Shanghai Stock Exchange Composite Index Stock Charting | Moses Stock Analysis

March 29, 2019

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000001.SS Shanghai Stock Exchange Composite Index Stock Charting

Study Shanghai Stock Exchange Composited Index Stock chart using MACD Indicator.

See chart, picture worth a thousand words.

Can you see some boxes? To help you to see through the price action for the sideways movement. We add the box around the price action to show you the sideways movement.

Shanghai stock index shows the market go through many phases of consolidation and distribution.

For stock price, the price action either move up or down or sideways.

Trade with your eyes open.

March 29, 2019 Shanghai Stock Exchange Composite Index and Consolidation and Distribution

Moses Stock Observation

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.