30 September 2018
Singapore Stock Stories
Thanks for visiting the site.
5WE Moya Holdings Asia Charting
Study Support Resistance and Apply Buy Low Sell High Strategy
To maximize your profit and minimize risk is to apply buy low sell high strategy, in order to apply the strategy you have to identify the support resistance. Study 5WE Moya Holdings Asia stock chart, picture worth a thousand words, see price action from the near 2 cents in 2009. The price action had a bull trend, and tested above 12 cents in 2010. But again, the price action returns to below 2 cents in 2014. The price action make a ABCD pattern, The price action cross up 12 cents and touch 13 cents in 2017. The price action forms a ABCD pattern, the price action retest 8 cents.
Trade with eyes open.
Manage your risk.
If you can see the whole chart, “press Ctrl and -” to zoom out.
Moses
AmiBrokerAcademy.com – we are different
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.