Price Action Trapped Within Support Resistance | AVT Avnet Inc Daily Chart | AmiBrokerAcademy.com

6 January 2019

Think think got more things.

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AVT Avnet Inc Daily Chart

We believe in Buy Low Sell High 

in other words Buy Support Sell Resistance

Study Avnet Inc stock chart, add the support resistance, We see the price action trapped within the support and resistance.

See the most recent high, the price action retest the high, but fail short. The price move zigzag downward and test the support.

See chart, picture worth a thousand words.

Trade with your eyes open.

if you can see the full chart, “press Ctrl and -” to zoom out and see the entire chart. 

Moses US Stock Chart Analysis

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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.