February 12, 2017
Welcome to Moses’s Singapore Stock Analysis @ AmiBrokerAcademy.com.
The last time we study Golden Agri Resources, now we like to study C52, Comfortdelgro.
C52 Comfortdelgro Corp Stock Chart and Support and Resistance
We see the stock price breakout of support and the price action pullback to test the resistance. We saw bull trapped.
Do you buy resistance or sell resistance? Both can, as No right No wrong. We see MACD cross up zeroline. MACD Histogram is above zeroline, bullish bias. So long you have a reason to buy, why not. If you are not comfortable, just wait one more day. When one day is not enough, then wait two more day. If you can not make up your mind, then stand aside and monitor (watch).
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.