December 30, 2018
Think think got more things.
Thanks for visiting the site.
We did an analysis earlier using the Month high low, or support resistance to understand where about the price action. We see the price action is closer to support.
CMOU Keppel KBS US REIT Charting
Study Keppel KBS US REIT stock chart using another tool, such as moving average. We use 34 period, high low and close Moving Averages. See chart, the 34 MA Wave and 200 MA are wide open. This provides a clue that the price action will continue to stay bearish for a while.
Besides that if you will study the MA wave, you see the price action is below the MA wave, and price action is resisted by the MA Wave. Therefore, the bull will not be immediate.
In the next year, 2019 plan your trade carefully. Trade with eyes open. As said, the inflation should settle in, as the new tariff policy should be a result of that. Therefore, we would expect the stock market in US will be lower or weaker.
Add the MACD indicator and Zoom in, see chart. the MACD will soon cross up zeroline. But judging from the current price action and MACD. We will continue to see weak price action. Trade with eyes open.
if you can see the full chart, “press Ctrl and -” to zoom out and see the entire chart.
Moses Stock Chart Analysis
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.