December 12, 2016

Singapore Stock Analysis

Moses free Singapore stock analysis using powerfual AmiBroker charting software with Technical Analysis LLP’s DataFolio.

 

 

 510 | Hiap Seng Engineering 2014-2016 Weekly

It is a very clear downtrend chart, price action starts from the top left corner and all the way down to the right bottom. The clear visual tool is the moving average, you can see the slow MA is across from top left to bottom right.

But, you should also notice that the price action starts to be above the slow MA and get supported by MA.  So, it is a sign of reversal. Be aware.

So, what is your trading plan for this stock? Be very careful of this stock, as it is a penny stock. It can be easily manipulated.

 

510 | Hiap Seng Engineering Daily

A closer look at the chart, you can see the bulls are strong, left a long tail for the last three days trading.

Moses Stock Desk

AmiBrokerAcademy.com 

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