Think Think | S61 SBS Transit Charting Again | AmiBrokerAcademy.com

December 17, 2018

Think think got more things.

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S61 SBS Transit  Charting

In charting, moving average is a great tool, a great visual tool. See chart, the price action is either above or below moving average. Besides that we see the ma is in three direction, up, down or sideways. 

When MA is slopping up, it is bull trend. When MA is slopping down, it is bear trend. And when MA is flat, it is sideways. 

So, trade with your eyes open. Buy when MA is slopping up, sell when MA is slopping down. You could stand aside when the MA is flat. 

So, what you got for SBS Transit stock. 

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

Add MACD indicator, see chart. We see the MACD cross down signal line, so it is preferable to sell then buy. 

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.