July 24, 2017
E5H Golden Agri Resources and MACD Indicator
The price action continues to retest the 38 cents level. Currently the price action is narrowing. MACD signal continue to fail crossing down. Watch out the MACD for more information.
July 21, 2017 Golden Agri Resources and MACD
Trader who analyse Golden Agri will also checkout Indofood Resources.
Weekly E5H Golden Agri Resources and MACD Indicator
Data from 2014, weekly data. Picture worth a thousand words, he price is try to breakout higher but fail. From the EDC, we see the channel slopping up from bottom to top right.
The price action start to breakdown channel from April this year, see chart for more.
July 21, 2017 Golden Agri Resources Weekly Chart 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.