8 September, 2018
Singapore Stock Stories
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1B0 MM2 Asia Charting
Study Support Resistance
To maximize your profit and minimize risk is to buy low sell high, or in other words, buy support sell resistance.
Study MM2 Asia stock price. Use buy support sell resistance strategy. Remember to take profit when the price action breakout below the bullish trend line. See chart picture worth a thousand words.
The stock continue the bull trend from 2015, after the price action tested near 65 cents. The price action begin to pullback. Now the price action near the resistance back in 2016.
Trade with eyes open.
Manage your risk.
September 7, 2018 MM2 Asia and Near 2016 Resistance
As trader, we try to see chart from different view. We see a head and shoulders. See chart, picture worth a thousand words.
Do you get it? Enjoy learning.
September 7, 2018 MM2 Asia Head and Shoulders
Moses
AmiBrokerAcademy.com – we are different
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.