19 October 2018
Welcome to AmibrokerAcademy.com. Thanks for visiting the site.
Singapore Stock Stories
C38U Capitaland Mall Charting
Study Support Resistance and Apply Buy Low Sell High Strategy
Study Capitaland Mall stock chart, see chart picture worth a thousand words. The stock from the high above 2.24 dollars near 2.26 dollars to the low at 1.88 dollars at end of 2016. The stock price works its way up again to test the high again near 2.24 dollars and finally goes above it.
Reference to moving averages, the moving averages also in zigzag, see chart.
Next reference to H M Gartley 222 pattern, you can almost find the pattern everywhere on this chart.
Trade with eyes open.
Mange 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.