28 February, 2020
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Major US Indexes were all lower, some drop more than thousands points. So, is Google stock also affected? See the following chart for details.
^DJI Dow Jones Industrial Average Index Weekly Charting
Study Dow Jones Industrial Average Index Weekly stock chart price action and MACD Divergence.
See chart, picture worth a thousand words.
Manage your expectation.
Remember to trade what you see and not what you think.
If you are a divergence trader, you probably has spotted divergence in the weekly chart.
Price Action has also breakout below 20 MA. Wait until price action get supported and see bull signal before you enter a buy trade.
Manage your risk.
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.