January 6, 2018
At the start of the year, it is a great idea to see the big picture and plan for the next few months. Look Left Think Right.
Singapore Stock Analysis
S85 Straco Corporation and MA Band
The stock price hits 90 cents than starts to decline slowly. If we reference to the MA or MA Band, the MA is slowing slopping lower. So, the stock price begins to bearish.
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below.
January 3, 2018 Straco Corporation and MA Band
S85 Straco Corporation Year High Low
See chart, the stock price forms double top, Straco Corporation stock price the 90 cents region for both 2016 and 2017. If we take the whole year as one candlestick, you will see a Harami pattern.
January 3, 2018 Straco Corporation Year High Low
Straco Corporation and Month High Low
See chart the the stock price breakout below a strong support, many months support. But the price action rebounce above the level again, those trade rush to sell, or short get trapped.
January 3, 2018 Straco Corporation Month High Low
Straco Corporation and MACD
Picture worth a thousand words, what have you got out of the chart below.
January 3, 2018 Straco Corporation and MACD Signals
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.