April 23 2018
破斧沉舟 (Pò fǔ chén zhōu)
At present, ZTE relies heavily on U.S. chips the ban on Friday threatened its survival.
Although China has aggressive policy to reduce dependence on foreign-made chips. In 2016, China imported $227 billion worth of integrated circuits, more than the import for crude oil, iron ore and primary plastics combined.
These imported chips go into smartphones, computers and other electronic devices, as well as high-end industrial and military products.
Beijing is now seeking to relieve pressure on priority chip products by cutting corporate taxes for up to five years. Companies are also spending heavily to tap foreign resources as well as engineers from overseas competitors.
Hong Kong Stock Chart Analysis
0763.HK ZTE Corporation 中兴通讯 and MACD
Manage your risk! Study ZTE Corporation 中兴通讯 using MACD indicator. From the MACD slopping down and the price action slopping down are both in sync. It signals a sell off to cash in.
Eat Your Ice-Cream Before It Melts
Manage your risk. You will have the feel like money or cash is like ice-cream, eat it before it melts. While negotiation may underway to improve the situation. But ZTE is being called. So, trade with eyes open.
April 20, 2018 ZTE Corporation 中兴通讯 and MACD
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. Anything, finance ticket you could download from Yahoo! Finance you could plot them, those you are interested all in a chart, so you could analyse them.
Moses China 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.