November 9, 2018
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Moses Stock Analysis
D05 DBS Group Holdings Stock Charting
Buy low sell high, buy support sell resistance.
See chart, the price action of DBS Group Holdings stock chart.
Apply buy low sell high and buy hold strategy. For this stock it is really ‘fun”, the stock price from the low to the high. Just study from end 2016, imagine you invest on this stock at November 2016, the price was 15 dollars. Imagine you apply H M Gartley 222 strategy, you could continue to apply them, the price action finally reach the peak near 32 dollars. You could also spot a head and shoulders pattern. Next you could follow a H M Gartley 222 to bring the stock price down to 23 dollars.
So, for the BHS, buy hold strategy. You would be really unhappy, as the price action pullback to test the resistance. See chart, picture worth a thousand words.
Trade with eyes open, manage your risk.
November 7, 2018 DBS Group Holdings and Head and Shoulders
See chart, we add MACD indicator, picture worth a thousand words.
November 7, 2018 DBS Group Holdings and MACD
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.