August 3, 2017
NS8U Hutchison Port Holdings Trust and 34 MA Band
See chart for more, picture worth a thousand words.
How to trade this stock? Just in one year, the stock price cross down to below 34 MA band to cross up above 34 MA band. 34 MA slopping from bottom to top, bullish trend. Now the price action cross up and stay above the 34 MA band.
To trade this stock, NS8U just buy when the price action is pullback to, above and supported by the 34 MA, of course it is lesser risk when the 34 MA band is slopping up. Taking profit when the price action crosses below 34 MA band and get resisted by 34 MA band.
34 MA Band
Check the 34 MA Band direction, between twelve and one o’clock. Bullish.
August 1, 2017 Huthison Port Holdings Trust and 34 MA Band
NS8U Hutchison Port Holdings Trust and MACD Indicator
Share price after pullback, it begins to bounce up. MACD crosses from below zeroline to above. Share price now retest the high and breakout higher.
August 1, 2017 Hutchison Port Holdings Trust and MACD Signals
Remember, trading is all probability.
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.