March 14, 2018

 Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below. Thereafter slowly climb up, step by step.

Singapore Stock Analysis

U11 United Overseas Bank and Fibonacci

We did a benchmark of the local three major banks, and also OCBC bank stock study. Now, let study UOB, United Overseas Bank, see chart for more, using Fibonacci Extension, swing low to high.

UOB stock price has a very strong momentum, the pullback not even hit the 38%, only at 23%. The price action bounce up and touch 138%, then had a strong pullback to retest 23%. And the price action rebounce to hit the 150%.

Picture worth a thousand words, see chart for more.

Manage your risk!

March 9, 2018 United Overseas Bank and Fibo Extension

Moses Singapore Stock 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.