December 5, 2018

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Moses   Stock Analysis

S59 SIA Engineering Co  Stock Charting

Buy low sell high, buy support sell resistance.  

See chart, the price action of SIA Engineering Co stock chart. 

Study using  MACD indicator.

Price Action continue to be supported at 3.10 dollars since last years, finally the price action breakout below 3.10 dollars in July. The price action continue with a strong momentum, now the price action is struggle at 2.50 dollars.

From MACD, we see a +ve divergence. But the stock price reversal fail in November. Just November month alone, the price drop from near 3 dollars to the low of 2.50 dollars. What a nice year end. Trade with your eyes open.

December 4, 2018 SIA Engineering Company Candlestick Chart

Study chart using line, see chart.

Think think got more things, we could see a five wave count like Elliot Wave, count from the high at near 3.40 dollars down to 2.50 dollars, see chart. trade with eyes open.

December 4, 2018 SIA Engineering Company and MACD

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.