Moses’ US and Singapore Stock Analysis – Singapore Stock ComfortDelgro, C52 Trend Reversal April 30, 2014
Welcome to Moses’ Stock Corner at AmiBrokerAcademy.com. Thank you for visiting the site. One of the reasons you are here because you want to know why the stock moves or which stocks will move in the near future.
This is April 30, 2014 Singarpore Stock ComfortDelgro, C52 price action closed inside Bollinger Bands, BB see the chart for details. Is it an indication of price reversal? Will see. Taking some profit? It is a good idea. Pick the top? Not so far yet, wait till the war among bulls and bears are over.
Comfort Delgro C52 April 30, 2014 Daily Chart
Singapore Stock Comfort Delgro, C52 April 30, 2014 Daily Chart
Moses Technical Analysis
Technical Analysts use price charts to interpret what is the most likely of the next move or moves. Bollinger Bands is a great tool to know the volatility and emotions of the market. When the price action closed outside of the band, signify the strength of the price. The trend will continue. However, when the price action closed inside the band, the price is weaken. The trend may be reversal. Wait for further confirmation, such as price action formed low high. Have fun!
Moses
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