June 18, 2017
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Singapore Stock Stories
^STI The Straits Times Index Stock Charting and MACD Signals
See chart, picture worth a thousand words. Study STI The Straits Times Index stock price charting. In our early posting we see a potential head and shoulders pattern in progress. The right shoulder was on the way to touch the neckline. Last Friday was a Singapore public holiday, no trading. So, we can see the trend. Today, the market open gap down below the neckline. The day is not end yet, the price action is still work in progress but we have seen the bearish candlestick. See the breakout move and momentum.
Manage your risk.
STI The Straits Times Index Stock Charting and Head and Shoulders Pattern
See chart, picture worth a thousand words. Study The Straits Times Index stock charting.
Manage your risk.
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.