April 19, 2017
Good? Bad? Who Knows?
In stock trading, when you miss a stock when the price went rocket high. Good? Bad? Only you when you got trapped in bull trapped. Likewise, when the price went rock bottom, and you missed it. Good? Bad? Only when you do not get trapped.
I believe some of you may have hear the Good? Bad? Who Knows? King Finger story. Otherwise, you can read about it in the site here.
Long long time ago, in Africa, there lived a King who loves hunting. One day, he went hunting with his great Doctor. While hunting, the King was pricked by a bee on his middle finger. The finger became swollen and painful. The doctor applied some special ointment to the wound and bandage the King’s finger.
The King then asked, “Will my finger be alright?”
The Doctor answered, “Good ? Bad ? Who knows ?”
A few days passed and the King’s finger became worse. He summoned the doctor and asked, “Will my finger be alright?”
The Doctor answered, “Good ? Bad ? Who knows ?”
A few more days later, the King’s finger was badly infected and has to be amputated from his hand. The King was furious and ordered the doctor to be jailed and hang in a month’s time.
Meanwhile, after a few days of recovery, the King went hunting again. However, this time he was more unfortunate. He was capture by a cannibal tribe.
Back to the Kingdom, the King immediately ordered the release of the doctor. The doctor was summoned to the King. The King said: “Great doctor, because of you, I lost my finger but in turn, it saves my life.”
The Doctor said, “Good ? Bad ? I know. Great King, if not because of you putting me in jail and thus I cannot go hunting with you. If not, I would have been captured by the tribe and used as the sacrifice. Thank you, you save my life !”
Moral of the Story
E5H Golden Agri Resources Charting and Channel and 34 EMA Wave
See chart price action trapped in the wave, optimal zone. The price action breakout fallen below the wave. The price action pullback get resisted by the wave. The price action response to the resistance and start to fail lower.
Will the Price Action Guided by the Channel, Slopping Down Channel
Picture worth a thousand words. will the price be guided by the down slopping channel. Will see.
April 19, 2017 Golden Agri Resources and Down Channel
E5H Golden Agri Resources Charting and 2014 to 2017
The price fallen from above 60 cents in 2014 to the low of 28 cents in 2015. If you look at the chart carefully, you will find the stock is on the uptrend. If you put on a channel, you will find there is a possibility to touch the lower channel, so be ready to buy low. The price may be bounced back up to the upper channel, so you can sell high.
See the next chart for more.
April 19, 2017 Golden Agri Resources 2014 to 2017
E5H Golden Agri Resources Charting and MACD Indicator
In MACD, you see the MACD Cross Down Below signal.
April 19, 2017 Golden Agri Resources and MACD Indicator
E5H Golden Agri Resources Charting and Big Picture
First, the price action need to retest the 2017 high before it can contest the 2016 high, 2015 high. As for 2014 high, it will take a long long time base of the cycle.
Good? Bad? Who knows?
Picture worth a thousand words.
April 19, 2017 Golden Agri Resources Big Picture
Moses 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.