TSLA | Tesla Inc and Week High Low | Moses US Stock Chart | AmiBrokerAcademy.com

13 December 2021

Welcome!

Welcome to AmiBroker Academy dot com, amibrokeracademy.com.

If There is Only One Chart This is It

This is not a site that provides buy or sell signals directly. We read the stock chart bar by bar. If you understand what we read, you will get the buy or sell idea. Have fun!

Buy or Sell, you decide

Trading is very simple yet very difficult. Price is either up or down. But catch the right move is not easy. I believe many must have missed the falling knife. Now, many will be watching the topping. Can any catch the topping? Will see.

Up Down or Sideways

Trading is all probability. The price action is either up, down or sideways.

Trade what you see. Manage your risk.

Our Believe – Buy Support Sell Resistance.

1) Tesla Inc and Week High Low

Picture worth a thousand words. We did a benchmark for past two years stock chart. Price Action continues to go higher from the start of year 2020. Now we zoom in to understand where will the price action go to. From the weekly high low, we see price action continue to go higher in September, October, and November. But, price action become weaker in November. See chart, we see price action form lower high. price action also sink below the November first week low.

See chart.

If you are a buy and hold strategist, Will you sell now or buy now? Remember only buy near support, and sell near resistance. Wait for the price action draw near either resistance or support before action.

From the chart, price action is now below the resistance zone.

20211210 Tesla Inc and Week High Low
20211210 Tesla Inc and Week High Low

Moses Power Charting

Official AmiBrokerAcademy.com Charting

Disclaimer

The above result is for illustration purpose. It is meant to be used for learning buy or sell signals. We do not recommend for any particular stocks. If particular stocks of such are mentioned, they are meant as a demonstration of Amibroker as a powerful charting software. Amibroker is a charting software, it can program to scan the stocks for buy and sell signals. Or backtest for any trading strategy or technique.

We post script generated signals. Not all scan results are shown here depending on selection criterial. 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.

We learn from many past and present great traders. Kudo to these master.