Like Dead Cat Bounce | Price Action Near 3200 Again | Straits Times Index | AmiBrokerAcademy.com

16 August, 2018

Singapore Stock Stories

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^STI Straits Times Index Charting

See chart, picture worth a thousand words. Study  Straits Times Index price action, We do not just study the level of the price action, we also study the movement. We see the index went from bull trend to sideways to bear trend. The price action has gone as low as 14 months low. Imaging all the profit is just wipe out three months. See chart, price action goes from the peak at 3640 level to 3180.  

 

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 15, 2018 Straits Times Index and Monthly High Low

 

 

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.