March 13, 2018

US Stock Chart Analysis

WDC Western Digital Corporation Charting and Fibo Extension

Study chart, swing low to high draw a Fibonacci Extension. Trend are very bullish but after many pullback and tested the same level, 61.8%, the price action finally breakout higher then the last high that was nearly nine months ago. The price action is likely to test the 127%. Will see.

Don’t be greedy, manage your risk! Be aware many trader are more often to greedy to hole the stock for more money ended up lost all the money already in the pocket.

Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. Anything, finance ticket you could download from Yahoo! Finance you could plot them, those you are interested all in a chart, so you could analyse them. See chart below like the popular Bitcoin. 

March 9, 2018 Western Digital Corporation and Fibo Retracement Swing Low to High

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.