22 April, 2018

Singapore Stock Analysis

STI The Straits Times Index Charting and 3600 Fail

Study STI The Straits Times Index, we see the price action breakout 3600 points but close below on the 19 April. The price action fail to continue to test 3600. On April 20, a bearish doji close below 3600.

Manage your risk.

April 20, 2018 Straits Times Index level 3600 and fail

STI The Straits Times Index Charting and MACD

Picture worth a thousand words, see chart, we see STI price action has a breakout close above the lower high. The price action drive all the way to test 3600 and fail to breakout higher. Manage your risk.

April 20, 2018 Straits Times Index and MACD

Moses Singapore Stock Analysis

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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.

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