December 13, 2019
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AA Alcoa Corporation Stock Charting
Study Alcoa Corporation stock chart and price action and GMMA and Woodies CCI.
Look left and think right. Manage your expectation.
See chart, picture worth a thousand words.
Price Action fall from the resistance near 32 dollars to the low below 18 dollars. Price is supported and resisted at 21 dollars.
Support turns resistance, the price action resisted by the resistance support level.
Add moving average such as GMMA and oscillation indicator Woodies CCI to study the long and short term trend.
Trade with eyes open.
Moses Stock Observation
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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.