February 28, 2018

Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below. Thereafter slowly climb up, step by step.

US Stock Analysis

SNE Sony Corporation and Fibonacci Extension

Study the chart, swing low to high, from October low to November high, and the extension hits 127% and retest and breakout the 127%. But the price action pullback and approaching 38%. So, what’s next? Simple, when you are not sure you just stand aside to let the market shows hand.

Manage your risk!

20180226 Sony Corporation and Fibo Extension Swing Low to High

Sony Corporation and MACD

Study chart for more, picture worth a thousand words. Look at MACD indicator and see what the MACD has to say. The price is higher but the MACD is in lower high. So, may be trend ending.

Manage your risk!

February 26, 2018 Sony Corporation and MACD

Moses US Stock Analysis

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.