2 August, 2018
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If you were buy and hold, you are alright. Only for Alibaba Group Holding stock. But it was a frightening two years when the price action below the IPO price. So, if you win, you win for a reason.
BABA Alibaba Group Holding Charting with Year High Low
See chart, picture worth a thousand words. Study Alibaba Group Holding stock from the IPO day, we see the price action went below IPO price for nearly two years before become profitable. Now the price is sideways. The price action hits the 2017 resistance, the high.
Manage your risk.
August 1, 2018 Alibaba Group Holding from IPO
Moses US Stock Chart 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.