5 December, 2018
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BFU Tye Soon Charting
Study Tye Soon chart, price after pullback from the peak above 80 cents in 2013, the price just can not go any higher any more. The price tested 35 cents in 2014, thereafter, 35 cents turn support to become resistance. The price action just never breakout 35 cents. Yes, 2017 was attempt the breakout but fail. Now the price action is trying to go lower than 15 cents. See chart, picture worth a thousand words.
Trade with your eyes open.
December 4, 2018 TYE Soon and Support Resistance
if you can see the full chart, “press Ctrl and -” to zoom out and see the entire chart.
Zoom in study the stock price using MACD indicator, we see the price action goes sideways and supported by 16 cents.
Trade with your eyes open.
December 4, 2018 Tye Soon Line Chart and MACD
Moses US Stock Chart Analysis
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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.