August 31, 2017
We had study Singtel, let’s study M1.
August 28, 2017 M1 and MACD
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.
M1 B2F and Support Resistance
Share price breakout below the last low, and support turns resistance. See chart for more, picture worth a thousand words.
$1.9 is an interesting level to watch. The share price will be retest $1.9 first before the real reversal.
August 31, 2017 M1 and Support Resistance
M1 B2F and Channel
What can the channel provide you beside the bearish trend? Well, we see the price tested the lower channel three times. Can the price action start to get supported and move north? Will see.
August 31, 2017 M1 and Channel
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.