15 August, 2018
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IO Ion Geophysical Corporation Charting
See chart, picture worth a thousand words. We see the price action continue to form go higher. How to tell the price action is going higher at least for the first few months of the year. Study only the low, the price action low only begin to go lower after May, see chart. If you image each month as one candlestick, you see the candle after going higher, and begin to continue to go lower from May until now.
So, reference from the low, you could see the price action move from bullish trend to bearish trend.
Of course you could reference to the high instead. Give it a try to see what you get. Have fun!
Manage your risk.
August 14, 2018 Ion Geophysical Corporation and Month High Low
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.