January 28, 2018
Singapore Stock Analysis
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below. Thereafter slowly climb up, step by step.
BIX Ellipsiz and Year High Low
Study the Ellipsiz chart, Ellipsiz stock price tried to test 88 cents but fail, and tried again but fall short. The price since decline to below 72 cents, so resistance turn support. Now the stock price back to 82 cents.
Have fun!
BIX Ellipsiz and Channel
Picture worth a thousand words, the channel slopping from bottom left to top right, bullish trend. We see the price action breakout below the slopping up channel, the price action retrace back. And the price action bounce back up again, trend continuation? Will see.
BIX Ellipsiz and Channel
Picture worth a thousand words, see chart for more.
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.