2 August, 2018

Singapore Stock Stories

E28 Frencken Group Charting

See chart, picture worth a thousand words. Study  Frencken, E28. See stock chart. The price action completed a near perfect ABCD pattern, we see a bullish ABCD pattern. We see a ABCD sell pattern. So, you better the pattern trading. 

What will the the price action like for the next few days or weeks or maybe months? Will the stock price move lower or higher? Monitor the stock price. 

The stock price has been on the sideways after the breakout. The whole July the price action just trapped in a box. See chart.

Manage your risk.

August 1, 2018 Frencken Group and ABCD Pattern

Manage your trade and risk. 

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.