March 3, 2017
Welcome to Moses’s Singapore Stock Analysis @ AmiBrokerAcademy.com.
ST Index 2015 and 2016 Breakout Above 3,100 points
ST Index was resisted at 3,100 points in 2015, and recently ST Index has resisted at the same level again. But now the index has breakout higher. See chart for more.
The Straits Times Index for 2017
We see after the bullish trend, the index goes into a narrow channel. Can the ST Index breakout bullish or bearish? Will see.
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.
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