17 October 2018
Singapore Stock Stories
Thanks for visiting the site.
This is our study of those companies IPO in 2017 and 2018. We will like to see how the stock perform if you happen to own the stock right at IPO time, we trust you will like to know.
Sanli Environmental
You can’t make this stuff up folks! All the chart here are real. This chart from the the data of their trading records.
1E3 Sanli Environmental Charting
Study Support Resistance and Apply Buy Low Sell High Strategy
To maximize your profit and minimize risk is to apply buy low sell high strategy, in order to apply the strategy you have to identify the support resistance. Study Sanli Environmental stock chart, picture worth a thousand words. The stock price frist deep below the IPO price then bounce up, but the price action can not hold the bull. See chart, now the price go lower.
If you apply the Buy Hold Strategy, what will happen? Although the years are still young for such strategy if we use ten years as one strategy block..
Stock price after IPO the price action move below IPO price and test near 19 cents. The stock has not been bull at all. Looks the price action just continue to go lower. Mind you, you can not make up this stuff. The chart is plot from the trading records.
Trade with eyes open.
Manage your risk.
October 17, 2018 Sanli Environmental and River from IPO
If you can see the whole chart, “press Ctrl and -” to zoom out.
Add MACD indicator, see chart, picture worth a thousand words. Trade with eyes open. Manage your risk.
October 17, 2018 Sanil Environmental and MACD
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.