April 26, 2019
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U14.SI UOL Group Stock Charting
Study UOL Group Stock chart and chart pattern – Inverted Head and Shoulders.
See chart, picture worth a thousand words.
How to trade this stock? Such a big inverted Head and Shoulders, the pattern complete in nearly ten months. Many may say it is easy to see the results after the war. You are perfectly correct.
If you study in details, you could also identify many H M Gartley pattern.
We understand trading is no different from business, all setup can fail. Just like any company their product can fail, fail in many way, product failure, can not meet customer usage. Just like the recent Samsung fold, the product is now delay. So, in trading setup can fail, you must have a plan b.
Trade with eyes open.
We will be doing another close up analysis of UOL Group stock chart. Check out our next posting for more. Have fun!
Moses Stock Chart Analysis
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.