May 6, 2018
In Singapore you can find many “Stories”, such as bread “Stories”, cocktails “Stories”, …
Singapore Chart Stories
C07 Jardline Cycle & Carriage and MACD
Study Jardline Cycle & Carriage using MACD. From chart, you see the price action moving sideways from last August to January this year. Thereafter the price action breakout below the support at 39. This is not a cheap stock. The stock price continue to move lower and breakout below 34.
But MACD signal has show something new, the price action continue to go lower but the MACD begin to forms higher low in MACD-H. Picture worth a thousand words, see chart for more.
Manage your risk.
C07 Jardline Cycle & Carriage and Fibonacci
Study C07, Jardline Cycle & Carriage using Fibonacci. We see a sideways near August, September as the price action sideways. Swing high to low, from the high of 2017 to the low of 2017. We see the the stock price tested 150%, the low. Manage your risk.
Moses Singapore Stock Analysis
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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.