Double Top | BABA Alibaba Group Holding Charting | US Stock Analysis | AmiBrokerAcademy.com

17 August, 2018

 

 

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BABA Alibaba Group Holding Charting

See chart, picture worth a thousand words. The price action after tested the 210 dollars level, test again and begin to decline. The price action flow down in bearish ABCD pattern. Alibaba Group Holding stock price formed a very nice double top. Now the price is at the neckline region. Can the neckline hold and support the price action? Will see. 

Manage your risk.

 

August 15, 2018 Alibaba Group Holding and Double Top

Moses US Stock Chart Analysis

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.