27 February 2021
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000001.SS | 20210225 Shanghai Stock Exchange Composite Index and MACD Divergence Stock Charting
Study Shanghai Stock Exchange Composite Index stock price charting.
Price Action breakout above 200 MA.
Price Action has continued to go higher and MACD form lower high, MACD Divergence.
Price Action has been at the resistance level (orange bar) for six months, before resistance turns support. Now price Action is above support. You say lah (Singlish), price action bullish or bearish.
Manage your risk.
Have fun!
Moses Free Stock Charting
Official AmiBrokerAcademy.com Charting
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.
We learn from many past and present great traders. Kudo to these master.