December 20, 2016

Right All the Time

Do you think many of the famous traders made all their money because they was right (right all the times)?

No.

US Stock Analysis

GSK Glaxo SmithKline

Price break below the level, brown line. If the price action can close above the level, the price remain bearish.

Moving average is a great visual tool, you see the price action is below the MAs, or 34 EMA Wave, and the price action is resisted by the Wave. So, trade wisely.

December 19, 2016 GSK Glaxo SmithKline Daily

GSK Glaxo SmithKline Dialy 2014 – 2016

From the three year chart, we see the price action in distribution mode. So 2017 strategy, buy support and sell resistance.

20161219 GSK Glaxo SmithKline 2014 -2016 Daily

Moses Free Stock Analysis

AmiBrokerAcademy.com 

December 15, 2016

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