28 October 2018
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Singapore Stock Stories
AG8 The Hour Glass Charting
Study Support Resistance and Apply Buy Low Sell High Strategy
Study The Hour Glass stock chart, see chart picture worth a thousand words. The stock goes from near ten (10) cents to the high of above 90 cents. See chart, you can find a key level, where resistance and support is become quite the same level, above 60 cents.
Besides that you could spot H M Gartley 222 pattern.
Trade with eyes open.
Mange your risk.
If you can see the whole chart, “press Ctrl and -” to zoom out.
Moses
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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.
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.