November 30, 2017
Singapore Stock Analysis
T24 Tuan Sing Holdings and ABCD Pattern
Pattern recognition, see chart, Tuan Sing Holdings after the stock price started from 0.28, those whom catch the falling knife. After see the price just keep trading near 0.28. And continue to trade the CD leg up will be happy.
The stock price start to reversal higher. But watch out for a ABCD sell pattern.
Pattern is a good way to plan your trade.
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. You can easily add the channel. See chart.
T24 Tuan Sing Holdings and Cup and Handle
To support price action trading, indicator and pattern are friends for these traders. Although these price action trader do not use indicator, but with the indicator confirmation at least they know they are on the right track.
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.