Buy After Retest | Olam International Stock Analysis | AmiBroker Academy

22 September 2016

 

What have you see from the chart? I see many black candlestick, big one. I see price sliding down from left upper end to right bottom. I see bar start to bounce up after hitting the bottom.  Okay enough, so what is your conclusion? Buy? Sell? Or stand aside.

 

Okay, another view, I see the price cross below 20 MA, stay below 20 MA. Since July the price cross above 20 MA. So the conclusion is the price when bearish to bullish. So, what is your trading strategy? Buy? Sell?

 

One View

Picture worth a thousand words. See chart for all I see in another view. Buy after the price pullback and retest the level drew. Have fun!

September 22, 2016 Olam International Monthly Chart

September 22, 2016 Olam International Monthly Chart

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Have Fun!

 

Moses Singapore Stock Analysis

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