TQ5 Frasers Centrepoint Chart Analysis | MACD Divergence Fail | AmiBrokerAcademy.com

October 8, 2017

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TQ5 Frasers Centrepoint and Levels

See chart, picture worth a thousand words, the chart says it all. See the power of the support resistance. The price started to decline after $2.17.  Price try to retest $2, and the price get supported. No one will know will the price test the support of those strong levels. Will see.

 

October 7, 2017 Frasers Centrepoint and Levels

 

 

 

 

 

 

 

 

TQ5 Frasers Centrepoint  and MACD Divergence Fail

See chart, picture worth a thousand words, the chart says it all. As we always remind you on all setup can fail, see the following as an example on setup fail. This is why wait is the key word, wait for confirmation. Don’t just jump in.

 

October 6, 2017 Frasers Centrepoint and MACD Divergence Fail

 

 

 

 

 

 

 

 

 

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.