April 8, 2017
Welcome to Moses’s Singapore Stock Analysis @ AmiBrokerAcademy.com.
N21U Mapletree Commercial Trust Charting and Legs
Study the chart, you see the price formed higher low, on it way to uptrend. Look carefully, you will find after two legs, the price may make a deeper retracemet, or pullback.
Will it be a good idea to go counter trend after the second leg. Of course, sometime it will goes third one and maybe the fourth one.
N21U Mapletree Commercial Trust Charting and MACD and Channels
What have you learn from the MACD indicator? Picture worth a thousand words. See chart for more.
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.