December 11, 2016
Singapore Stock Analysis
5ME | Ezion Holdings Limited Bar by Bar
Reading the chart bar by bar, you can see the last candle retest the last high, but indecision, Doji candlestick. Will the pullback ends here. Will see.
5ME | Ezion Holdings Limited and Cup and Handle
This is a good size, at least you see the chart form a higher high; the handle. Can the price has enough strength to move north? Will see.
5ME | Ezion Holdings Limited and MACD
The following is the chart with moving averages and MACD indicator. Picture worth a thousand words, leave this for your discretion.
For me, short term, the price action is above MAs. However, the MACD histogram is now near zero line. Be very aware the price strength is weaken. Have fun!
Moses Stock Desk
AmiBrokerAcademy.com
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