Singapore Stock | C29 | Chip Eng Seng Corporation | Moses Stock Analysis

January 5, 2018

 

 

 Let see Chip Eng Seng Corporation Stock Price Again

Singapore Stock Analysis

C29 Chip Eng Seng Corporation Year High Low

The stock price nearly hit one dollar, but pullback. The market did not give up, try again but yet to break one dollar. Will the stock price breakout higher than one dollar, I would say not ready yet, it will have to have a pullback before the stock price can breakout higher.

 

 

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. 

December 29, 2017 Chip Eng Seng Corporation Year High Low

C29 Chip Eng Seng Corporation Month High Low

See chart, we see the price action near one dollar for the last three month. The resistance must be very strong. So, when it break, it will be moving very high. Will see.

See the last breakout near seventy five cents, after six months near 75 cents resistance, the price breakout, and from chart you can see the breakout was very strong.

Let hope the stock will do the same for near one dollars.

January 3, 2018 Chip Eng Seng Corporation Month High Low

 

 

 

 

 

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.