19 August, 2018

Malaysia Stock Stories

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^KLSE Kuala Lumpur Stock Exchange Index Charting

See chart, picture worth a thousand words. Study  Kuala Lumpur Stock Exchange Index  price action. See  the price action after the peak at 1880 level in 2018, the price retest the high a few time try to breakout higher but fail. The price action start to decline. 

The price action went lower than the last low of 1720. The stock price begin to move lower from May 2018 and hit the floor at 1660. Then the price action begin to pullback. However, the last resistance, 1800 level seems to stop the price from going anyway higher.

What will the the price action like for the next few days or weeks or maybe months? Will the stock price move even more low? Monitor the stock price. .

Manage your risk.

August 17, 2018 Kuala Lumpur Stock Exchange Index Charting

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.