Strong Level | Price Action Above Strong Level | SBS Transit Charting | AmibrokerAcademy.com

December 17, 2018

Think think got more things.

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S61 SBS Transit  Charting

In trading, you study chart, to try to understand what was the position of the stock you interested. Why? As in Chapter III · Strategic Attack in Sun Tzu’s The Art of War said,  if you know your enemies and know yourself, you will not be imperiled in a hundred battles; if you do not know your enemies but do know yourself, you will win one and lose one; if you do not know your enemies nor yourself, you will be imperiled in every single battle. Or in Chinese, 知彼知己,百戰不殆;不知彼而知己,一勝一負;不知彼,不知己,每戰必殆.

Trade with your eyes open.

In trading we buy support and sell resistance. If we can find the strong level, the level can be support and resistance. It will be a great reference for buy or sell. 

We find month high low is a very good way to analyse the chart. See chart below. 

December 17, 2018 SBS Transit Stock Chart Analysis – Strong Level 

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.