1 November, 2018
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Moses Stock Stories – Think Think Got More Things
1478.HK Q Technology (Group) Company Charting
Buy Hold Strategy
We study Q Technology (Group) Company stock chart. We see Q Technology stock price from low at HK$ 1 to the high above HK$ 23.
Thereafter the price action pullback and test the low at HK$ 3.7.
Now the price action may continue to go lower. Trade with your eyes open.
Manage Your Risk!
October 31, 2018 Q Technology (Group) Company from Day One
If you can see the whole chart, “press Ctrl and -” to zoom out to see the entire chart.
Remember always reference to TA golden rules. See the following.
Technical Analysis
- Buy low sell high, or buy support sell resistance.
- Taking profit when price action close below bull trendline.
Zoom in and study the stock chart, see Q Technology (Group) Company stock price. You could find many H M Gartley 222 pattern. When add moving averages such as 20, 50 and 100 period, it adds the visual effect for the bull and bear trend. You see the dead cross rejected just before July 2017, and price action continue its bull move, and test the high. Thereafter, we see H M Gartley 222 ABCD pattern. The dead cross happen just be 2018. Now the price action test low below HK$ 3.7.
October 31, 2018 Q Technology (Group) Company and Moving Averages
Zoom in futher, and add MACD indicator. See chart, we spot a MACD cross up signal line failure. But we see a +ve Divergence. Is the bear trend ending soon? Will see. As setup can fail. Trade with eyes open.
October 31, 2018 Q Technology (Group) Company and MACD
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.