5 November 2018
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Singapore Stock Stories
A78 Liongold Corporation Charting
Study Support Resistance and Apply Buy Low Sell High Strategy
Study Liongold Corporation stock chart, see chart picture worth a thousand words. The stock goes from low to high to low. At the peak the price almost 1.80 dollars in 2013, there after the price a great fall to the low below twenty cents on the same year. A lost of nearly 1.60 dollars, this is a great lesson for those whom just follow and jump in. Remember, always buy low sell high, and not buy high and expect to sell higher. In other words look for buy support and sell resistance.
Only when the price turn to make the mountain or valley then consider as resistance or support. Not when the price action is still moving either up or down.
See chart, now the price is at 0.001 dollars.
Trade with eyes open.
Again, trade with eyes open.
Mange your risk.
November 2, 2018 Liongold Corporation and Gap Down
If you can see the whole chart, “press Ctrl and -” to zoom out.
See the line chart.
November 2, 2018 Liongold Corporation Line Chart
Moses
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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.