18 September 2018
Let read the chart from a different view, …
Singapore Stock Stories
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C31 Capitaland Charting
Study Support Resistance
To maximize your profit and minimize risk is to buy low sell high, or in other words, buy support sell resistance.
Study Capitaland stock price.
The stock price after the peak at 5.8 dollars back in before 2009, and the stock price has never go beyond 4.4 dollars.
The price tested 2.2 dollars in 2012, the price action rebounce up. 3 dollars looks like is a good level to buy. See chart, picture worth a thousand words.
Trade with eyes open.
Manage your risk.
If you can see the whole chart, “press Ctrl and -” to zoom out.
Add MACD indicator, see MACD signal and price action. Manage your risk.
Moses
AmiBrokerAcademy.com – we are different
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.