August 31, 2017
There is only three telco in Singapore. Sorry, wrong. It should be there is only three listed telco in Singapore. Wait, wait, I could be wrong again, may be there are more.
We had study Singtel, let’s study M1.
M1 B2F and MACD Signal
We can share see price keeps forming higher high, but the MACD Histogram forms lower high. Technically the bull is weaker, and the bull trend is running out. True or true?
True or true? The result has proved MACD is correct. The next thing is the price just breakout lower. So, don’t play play (Singlish) agin with the MACD indicator. Respect MACD and trade happily.
Thanks for visit the site here. You could also find free MACD scan here in this site too.
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.