3 March, 2019
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Think think got more things.
O32 Olam International Stock Charting
Study Olam stock chart.
We use boxes, mark the high and low of a month. We could see strong level easily.
See chart, picture worth a thousand words.
From 2016 data, we see the current low is retest the low of 2016. In a bigger picture such as monthly chart, this is a double bottom.
The current bar, month high low, it is a bull bar. The bar is more than 50% higher than the last bar. And the last bar was also about 50% of its last bar. See chart.
Trade with eyes open.
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.