21 November, 2019
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UMC and TSMC Correlation Stock Charting
Study United Microelectronics Company and Taiwan Semiconductor Manufacturing Company stock chart and price action correlation.
Look left and think right. Manage your expectation.
Price Action one goes lower and the other goes higher. See chart.
Remember buy low sell high, or buy support and sell resistance. So, what is your trading plan.
See chart, picture worth a thousand words.
Trade with eyes open.
Moses Stock Observation
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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.