July 8, 2017
Six Months Stock Performance
We have just completed half year mark of 2017, let’s look back to see what is the share price perform to plan for the next six months. Have fun!
Google and Its First Half of 2017 Share Price Performance
Picture worth a thousand words.
Is the share price topping? Well, chart say it all. The share price has fail to break the 1000 dollar resistance.
We see the stock works hard in the start of 2017, breakout higher. The price retest the resistance, resistance turns support.
In April, the price action starts to travel north. It was raised with Amazon.com to see who will come in first to break the 1000 dollars resistance. And the result was clear.
July 7, 2017 Alphabet Inc and Support Resistance
Alphabet Inc and Channel
Connect the high or low draw a trendline, after copy the trendline and past on the other side. In other words, if copy the connection of low, then paste on the high.
Channel is a great visual tool too. The price moves from bottom left to top right. Bullish trend.
And if you will break the channel into two parts, two equal parts. In this case, six months, you see a different picture. What’s is your feeling and understand? We shall show you in the next channel. Have fun! Enjoy learning!
July 7, 2017 Alphabet Inc and Channel
GOOG and Its Six Months Channels
If you are here often enough, you know what we at chart differently. Sometimes we only look at less than sixty bars, and at time we look at ten years chart. Enjoy learning.
July 7, 2017 Alphabet Inc aka Google and its Six months Channels
GOOG Alphabet Inc and MACD Signals
The channel gives you layer by layer information and MACD signals give you different feel.
July 7, 2017 Alphabet Inc and MACD Signals
Risk
If you can wait, remember professional likes to wait for retracement. This will minimize the risk, as your stop loss will be smaller. So, picture worth a thousand words. In this case study, if you wait for pullback, you will have a handson gain; you can enjoy a big move in short time. Waw!
Professional Try Not to Buy and Sell Higher!
Professional trade on retracement.
What if you thought you miss and you jump in. You may be ended up you can not sleep for a days. … As you might be buy high and expecting to sell higher.
Moses
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.