February 6, 2020
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5CP.SI SilverLake Axis Charting
Study SilverLake Axis stock chart price action and Year High Low.
See chart, picture worth a thousand words.
Manage your expectation.
Study Silverlake Axis stock last five years year high low. Price Action look walking down the stairs.
Remember to trade what you see and not what you think.
Trade with eyes open.
You probably see a dead cat bounce pattern. Price Action trade to reversal bounce. Thereafter, price action continue to sideways.
You can find a strong level or levels. See chart.
Support turns resistance.
If possible trade buy support and sell resistance. You will be able to buy low and sell high.
Manage your risk.
Moses Stock Observation
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.