December 27, 2016
Moses Stock Analysis
The few stock we study, other than one Jumbo. The rest seem to be all bearish. Hmm!
Singapore’s economy may be weaken and slowdown. In fact the stock market is a good indicator.
Singapore Stock – The Trendlines Group
42T | The Trendlines Group Weekly and 34 EMA
Moving average is a great visual tool. One glance you can confirm the stock is bullish or bearish. Bullish when price action above the MA, and bearish when price action is below the MA.
So, in the case here, picture worth a thousand words. The stock is bearish.
Moses Stock Desk
AmiBrokerAcademy.com
Disclaimer:
The discussion here is for educational purposes only. All information, data, symbols and trading ideas discussed hereby are the author or authors intend to demonstrate or illustrate purposes only. These are not recommendations or advice. It is not to be construed or intended as providing trading or legal advice.
Besides that this discussion is not an offer or solicitation of any kind in any jurisdiction where any AmiBrokerAcademy.com or its affiliate is try to do business.
Please note that active trading is not suitable for everyone. Any decisions you make about your trading or investment are important to you and your family, therefore should be made in consultation with a competent financial advisor or professional. We are not financial advisor and do not claim to be one.
Any views expressed here-in are not necessarily those held by amibrokeracademy.com.