Correlation IBM  International Business Machines and HP Inc Charting | AmiBrokerAcademy.com

24 September, 2018

 

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Correlation IBM  International Business Machines and HP Inc Charting

Buy Support Sell Resistance or Buy Low Sell High

Study chart of IBM stock price and price action. And if you compare the stock chart with HP stock chart, can you find any correlation? Added the line to help the see the chart trend better. IBM has a double bottom. HP is in bull trend.

Trade with eyes open.

Manage your risk.

September 21, 2018 International Business Machines and HP Inc Correlation

if you can see the full chart, “press Ctrl and -” to zoom out and see the entire chart. 

 

 

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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.