Welcome to AmiBrokerAcademy.com.
Our website does stock and market analysis, see the website for more analysis.
Tomorrow, July 17 2015 is Singapore gazetted holiday – Hari Raya Puasa. Singapore Prime Minister Lee Hsien Loong wishes all Muslims “Selamat Hari Raya Aidilfitri”. You can read more on http://www.channelnewsasia.com/ posting.
Straits Times Index Analysis based on July 16, 2015 Chart
Chart worth a thousand words. See chart for more details.
If you add an indicator such as MACD, you will spot a MACD Divergence. A Bullish MACD Divergence chart pattern; when price forms a lower low but MACD form a higher high. In other words the price shows weaker and weaker but the MACD is become more and more bullish bias.
Now remember; when you see lighting and hear thunder it is not meant raining. Wait, wait till rain falls on your face; confirm the rain first.
It is true too in trading, only wait till the price shows-hand otherwise the setup can be fail too.
July 16, 2015 Straits Times Index
You can read about other Singapore Stocks daily and weekly and daily scan results in this website.
Thanks for visiting the website.
Moses
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AmiBrokerAcadeny.com website advice, “Stock trading is not a get rich quick scheme and it is risky”.
Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should NOT be considered as an offer or enticement to buy, sell or trade.
You should seek advice from your broker, or licensed investment advisor, before taking any action.
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Our advice is do your own analysis and compare the diffident, and contemplate. The only you can be better is practice, practice and practice. If you think the analysis is great, you can too. Let start do your first analysis.