April 26, 2017
Picture worth a thousand words. See the chart for your own buy sell decision.
Is It Time to Take Profit Before Trapped?
This is the question that all traders want to know…when the heck should I exit to either take profit or get out?
U11 United Overseas Bank Daily and 34 EMA Wave
Price keeps rejected to go below the 34 EMA. The price is continue to forming higher high. Of course not the the last two months.
Picture worth a thousand words. See chart for price action Good? Bad? Who’s know?
April 25, 2017 United Overseas Bank and 34 EMA Wave
U11 United Overseas Bank Daily and Channels
See price trapped within few parallel lines. The price moving from one level to the next one, but the layer keeps going lower. The price is starting to drip sideways.
April 25, 2017 United Overseas Bank and Channels
U11 United Overseas Bank Daily and MACD Indicator
See divergence!
April 25, 2017 United Overseas Bank and MACD
U11 United Overseas Bank Daily and Support and Resistance
When resistance turns support, it is good for trader whom has bought the stock; Uptrending. Picture worth a thousand words.
We see the price retesting the resistance.
April 11, 2017 United Overseas Bank Support and Resistance
Moses Stock Analysis
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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.