August 31, 2017
We had study Singtel and M1 using MACD, let’s study Starhub.
Starhub and MACD Signal
We can share see price keeps forming lower low, but the MACD Histogram forms higher low. Technically the bear is weaker, and the bear trend maybe running out. True or true? No for now.
True or true? The result has fail. The next thing is the price just breakout lower. So, remember, all setup can fail.
But, the price action forms double bottom. Will the price action resisted by the support turns resistance. Will see.
Thanks for visit the site here. You could also find free MACD scan here in this site too.
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.