4 August, 2019
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S68 Singapore Exchange Stock Chart
Study Singapore Exchange Stock Chart and GMMA and Woodies CCI.
Look left and think right. Be careful what you ask for!
See chart, picture worth a thousand words.
Study the Woodies CCI for the clue to buy and taking profit, see chart.
Price action is forming double top. Connect the low, you see trendline is slopping higher.
Add Guppy Multiple Moving Average, from the two sets of MA. We see both sets of MA slopping upward. So far both price action and GMMA have the bull signals.
Add Woodies CCI to find entry, see indicator for more.
Trade with eyes open.
Moses Stock Observation
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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.