2 June, 2019
Welcome!
Welcome to AmiBrokerAcademy.com. Thanks for visiting the site.
Have fun!
BAC Bank of America Corporation and BCS Barclays PLC Correlation Stock Charting
Study Bank of America Corporation and Barclays PLC Correlation stock chart.
See chart, picture worth a thousand words.
Bank of America Corporation goes from low to high to sideways. And for Barclays just goes the opposite.
Barclays goes from top and retest the same high before decline. Now the price action is in low and sideways.
Both stocks price are in the opposite direction.
Trade with eyes open.
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.