March 5, 2017
Welcome to Moses’s Singapore Stock Analysis @ AmiBrokerAcademy.com.
Like What You Read?
Hope you enjoy our analysis! It is so simple. Read the current bar and look to your left and see where the bar is, inside the last bar? outside the last bar? Bull bar? Bear? What is the context of this bar?
In all cases, in a bull trend bull may be starting to take profit and bear start to sell. And more selling will resulting in less demand the price start to so weakness; price become lower.
We believe in no right no wrong. Our reasoning may not be the same as yours. Be it. Have fun!
The following capture what we watch Golden Agri Resources, we did not publish these analysis. And again, some many not even more comment. The thought is just instantaneous. Enjoy your reading.
E5H Golden Agri Resources Stock Analysis
When the price after three days still can not close below the level, if I am the bear I give up. I Will be tire to try anymore. Will see. Sorry, we did not suggest to buy. We suggest you watch, see only. You can buy if you see a bullish bar close above the last high, and means buy one tick higher. At least you know the bear gives up and the bull taking over.
E5H Golden Agri Resources Stock Analysis on March 2
The price close below 34 EMA Wave, the wave is point between four and six o’clock. The trend is bear. Is it a strong bear trend? Well, may not, there were a few range bar, doji. It has a down pause down. Now short again? There is only two things can happen, up or down, of course sideways.
If you take risk, sell one tick lower. But watch out the price action may be stop when hit the same low level as you can see on the chart on the left.
E5H Golden Agri Resources Stock Analysis on February 28
We see the price close below MA. We see the price pause, doji. We the the trend resume. The bar getting smaller, but still big (on the chart). We see the only way to stop the fall is for the price to retest the last low, see chart on the left.
February 28, 2017 Golden Agri Resources E5H
Can You Stop the Price Falling?
When the bull start buying, bear taking profit. Next, when the supply is low and the demand is high.
So, this stock, many may have given up, the price has been fallen for a long long time, around 2012 April at 80 cents till now below 40 cents.
E5H Golden Agri Resources Stock Analysis 2012 to 2017
Remember, we are only sharing the experience and for the education purpose. We do not provide buy or sell signal, please seek your trade adviser for their expert advice. You are responsible for your own action. Trading is personal, even you have enter the trade at the exact same manner, you may not make money. Trading is not a get rich fast business like many have advertise. It needs a lot of hard work and good money and risk management. Have fun! Happy learning.
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.