10 August, 2018

9th August 2018 Singapore National Day

Singapore Stock Stories

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558 UMS Holdings Charting

See chart, picture worth a thousand words. Study  UMS Holdings stock price. See stock chart. The price action after the peak at 1.35, the price begin to decline. The price action continue to form lower high and lower low. The price action now go below 0.75. The stock price pullback after below 0.80 but fail to go higher than 0.9 and begin to decline again.

With MACD indicator, what can you get? You see MACD divergence, bullish signal. But with the MACD cross down zeroline, MACD Cross down signa, MACD below zeroline, … May be the reversal may come, but not so soon.

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

Manage your risk.

August 8, 2018 UMS Holding and MACD Signals

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.