16 February, 2020
Welcome!
Welcome to AmiBrokerAcademy.com. Thanks for visiting the site.
Study GlaxoSmithKline PLC stock chart price action and GMMA and Woodies CCI.
GSK GlaxoSmithKline PLC Charting
See chart, picture worth a thousand words.
Manage your expectation.
Look back past twelve months and study price action and month high low.
Using box to box the month high low, see price action like walking up and down the stair.
Moving Average is a great visual tool to understand trend. Add GMMA to find the long term trend.
Add Woodies CCI to find the shorter term entry. See chart.
Remember to trade what you see and not what you think.
Buy support and sell resistance.
Remember all setup can fail, and there is no right no wrong in trading.
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.