March 20, 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.
Singapore Stock Analysis
570 Transit-Mixed Concrete Since 1998
Study chart from the day they listed on the stock exchange. This stock Transit Mixed Concrete was try to breakout higher than 80 cents back in 1999, but fail badly from the wrong timing, a market recession at that time. The stock price went below ten cents. The stock price drove near 35 cents, again met another cycle of recession. Not too bad, the stock price at least stay above 15 cents.
This stock drove the price all the way to near 75 cents in 2016, but again the market was slow and resulting the stock price decline. Now the stock price is above 40 cents. Can this stock survey not continue to fall lower? Will see.
Please do your own analysis, do not just simply read the analysis here and believe in everything.
Manage your risk!
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.