July 31, 2019
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O39 Oversea-Chinese Banking Corporation and Guppy Multiple Moving Average Stock Chart
Study Oversea-Chinese Banking Corporation Stock Chart and Guppy Multiple Moving Average.
Be careful what you ask for!
See chart, picture worth a thousand words.
Price action after test the high and test again, the price pullback to test the low. Again after the low the price try to retrace up.
See the GMMA after slow MA slop down, and squeeze the slow MA goes sideways.
From a chart pattern, we see double bottom. The price action might be in the reversal mode. Monitor your trade.
Trade with eyes open.
Moses Stock Observation
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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.