Down Flow and Re bounced in 2016 | Three Local Banks | Moses Stock Analysis

August 19, 2017

 

Collaborating with all others on their dynamic idea could work out well for you. There is a potential for trade. 

All charts below look the same. But, but they are from three different banks and Singapore Stock benchmark, ST index.

No Right No Wrong

There is no right no wrong. Remember, what goes up must come down. So let check the bank sector for some idea. 

 

This posting is just picture, as picture worth more than a thousand words. See chart, see all charts, the three local banks and the ST Index. 

 

 

 

O39 Oversea-Chinese Banking Corp Charting

Picture worth a thousand words. Share price downflow, and bounce up 2016.

 

August 18, 2017 Oversea-Chinese Banking Corp Charting

 

D05 DBS Group Holdings Charting

Picture worth a thousand words. Share price downflow, and bounce up after 2016.

 

August 18, 2017 DBS Group Holdings Charting

U11 United Overseas Bank Charting

Picture worth a thousand words. Share price downflow, and bounce up after 2016.

 

August 18, 2017 United Overseas Bank Charting

^STI ST Index Charting

If you did not check the heading and just look at the charts, can you tell the different of all the charts? I can not, As all started downflow and re-bounced from 2016. …

 

August 18, 2017 The Straits Times Index Charting

 

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.