November 9, 2018

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Moses   Stock Analysis

O39 OCBC Oversea-Chinese Banking Corporation  Stock Charting

Buy low sell high, buy support sell resistance.  

See chart, the price action of OCBC stock chart. 

Apply buy low sell high and buy hold strategy. The price action test 14 dollars and pullback. When you compare OCBC stock price and UOB, you may find the money work for you for owning a bank stock. As you pay less for OCBC as compare to UOB. True or true. May be ten years later the results will be unveil. The stock price has tested 10 dollars and rebounce.

So, for the BHS, buy hold strategy. The price action now pullback to test the former resistance. See chart.

Trade with eyes open, manage your risk.

November 7, 2018 Oversea-Chinese Banking Corporation and Chart Patterns

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.