10 August, 2018

Singapore Stock Stories

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L03 Lian Beng Group Charting

See chart, picture worth a thousand words. Study  Lian Beng Group stock price. See stock chart, the price action continue to form higher high until hit the peak at 0.84. Then we see the price action begin form bearish ABCD pattern. 

Now the price close at 0.515. The price action supported by a strong level, resistance turns support.

What will the the price action like for the next few days or weeks or maybe months? Will the stock price move even more low? Monitor the stock price. .

Manage your risk.

August 8, 2018 Lian Beng Group Resistance turns Support

L03 Lian Beng Group and Six Months Support Resistance

Picture worth a thousand words, see chart. After 2017, the price action suddenly spring up, see a bullish ABCD pattern. The price action finally reach the high at 84 cents. But now is only at 0.515. Manage your risk.

August 8, 2018 Lian Beng Group Six Months Support Resistance

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.