May 5, 2019
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^TWII TSEC Weighted Index Stock Charting
Study TSEC Weighted Index stock chart from July 2016.
See chart, picture worth a thousand words.
Taiwan Stock Exchange Corporation weighted index month high low has provide a strong level, a resistance turns support.
Many has always said that the market has memory. See chart, resistance turns support even more than two years ago.
So, when the price action pullback, watch out for the past resistance.
Trade with your 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.