13 April 2021
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IO7.SI | Independent Oil and Gas PLC and Price Action
Price Action moves sideways and stay below resistance till last August. Thereafter the price action breakout and moves higher. Then the price action sideways again before spike up. Manage your risk.
IO7 | Independent Oil and Gas PLC and MACD
Price Action breakout higher to the next level.
IO7 | Independent Oil and Gas PLC and GMMA and Woodies CCI
Study Independent Oil and Gas PLC and GMMA and Woodies CCI Chart. Guppy Multiple Moving Averages from near flat to spike and pullback. Now price action is sideways.
Secret trade is lookout for the next spike and breakout the last resistance. Remember to buy support and sell resistance.
Manage your risk.
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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.
We learn from many past and present great traders. Kudo to these master.