November 16, 2018
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BBY Best Buy Company Inc Daily Charting
We believe in Buy Low Sell High
In other words Buy Support Sell Resistance
Study chart of Best Buy Company Inc stock chart.
Remember to trade with eyes open.
Think think got more things. Add MACD indicator, see chart. Besides that you can also identify H M Gartley pattern.
Manage your risk.
November 15, 2018 Best Buy Company Inc and MACD
if you can see the full chart, “press Ctrl and -” to zoom out and see the entire chart.
Best Buy Company Inc stock price stay above River. River makes up of three moving average of high, low and close. We use 34 period in our study. The stock price stay above the River most of the time until October. Now the price action close below River and stay below. The River forms a dead cross. The slow MA begins to bend down. Trade with your eyes open.
November 15, 2018 Best Buy Company Inc and River
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.