May 6, 2017
OCBC Led ST Index to breakout 3200 Points.
Picture worth a thousand words. See the line chart below, the OCBC and STI.
May 3, 2017 Oversea-Chinese Banking Corporation and STI Benchmarking
OCBC and EMA – 34 EMA Wave
Price action is bouncing above MA. MA is slopping from the bottom left to the top right, bullish trend.
May 3, 2017 OCBC and 34 EMA Wave
OCBC Breakout Above the Resistance
It takes three months for the price to breakout above the resistance, see chart. This will be a very powerful breakout, even if this is a very emotional one. The price jump up from 9 dollars eighty cent to 10 dollars 10 cents.
Watch the space here.
May 3, 2017 OCBC and Support Resistance
3200 Points Level Straits Times Index Two Years High
May 4, 2017 Straits Times Index Broke the Two Years High
Moses Stock Analysis
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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.
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