October 5, 2017
S59 SIA Engineering and Support Resistance
Picture worth a thousand words, see chart. Price can not break above four twenty. The price was testing the four dollars, which was resistance turns support. But the support can not hold the fall. the price drop hard. The price try to hold at around three eighty, but even the strong level can stop the momentum. Three twenty is the next support to stop the fall. Is this the bottom now? … Watch the risk, try not catch the falling knife.
S59 SIA Engineering and Channel
Picture worth a thousand words, see chart.
S59 SIA Engineering and MACD Divergence
Picture worth a thousand words, see chart. Trend breakout from trendline and fall, fall through the floor.
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.
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