October 9, 2017
C52 ComfortDelgro Corp and Levels
See chart, picture worth a thousand words, the chart says it all. See the power of the support resistance. The price can not breakout above $2.80. Price quickly breakout below 2.40 dollars and the share price get resisted by 2.40 dollars. Now the price has breakout below 2.10 dollars. Do you want to try catch the falling knife? The price has supported by 1.95 dollars, but can this hold the fall? I don’t know, and do you know?
October 6, 2017 ComfortDelgro Corp and Levels
C52 and MACD Divergence
See chart, picture worth a thousand words, the chart says it all. Price continue to form higher high, and MACD histrogram forming low high, the price start to decline. The price action begin the decline since end April. Read the chart, if you happen to use MACD indicator, you likely to spot the trend chance and confirmation.
October 6, 2017 ComfortDelgro Corp and MACD Divergence
C52 ComfortDelgro Corp and Gartley ABCD Pattern
Picture worth a thousand words, see chart, ABCD chart pattern.
October 6, 2017 ComfortDelgro Corp and ABCD Pattern
Moses
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.