June 14, 2018

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ZTE plunges 40% after saying it will pay $1 billion to the US as part of a settlement agreement

See chart, picture worth a thousand words. Telecommunications equipment maker ZTE fell around 40 percent in Hong Kong as its shares resumed trade yesterday June 13.

20180614 ZTE Corporation 中兴通讯 Charting

Hong Kong  Stock Analysis

0763.HK ZTE Corporation 中兴通讯  Stock Charting 

See chart, the price action of ZTE Corporation 中兴通讯 stock. We use MACD indicator. We see MACD show bearish bias, MACD signal and MACD Histogram are all below zeroline.  Manage your risk.

June 14, 2018 ZTE Corporation 中兴通讯 and MACD

Moses

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.