May 15, 2017
S08 Singapore Post and MA Wave
Study Singapore Post stock chart. Picture worth a thousand words, see chart the price action cross above MA wave then close below and stay below. The MA wave slopping up and bend down and slopping down. MA provides a visual and clear trend direction. When guided by the MA wave, you are quite safe.
But as said, all set up can fail. You should trade with eyes open and manage your risk. Take profit as and when.
As we cover before, the old trading strategy on buy and keep is no long apply for many stocks these days including this stock. If you bought this stock in April 2014, after four years. You are back to your starting point. See chart for detail, picture worth a thousand words. Watch your own steps.
See the chart below, the stock price action try to take a turn when the price action keep attempted to close above the MA. But keep failing. So, be aware, the market emotion. The last part of the chart, again the stock price fail to cross up MA and stay above. Manage your risk.
May 11, 2018 Singapore Post and MA Wave
Singapore Post Trading Strategy – Buy Support Sell Resistance
Picture worth a thousand words, see chart the price action. The simple trading strategy in all time will be buy support sell resistance. Keep your trading strategy simple. Besides that the price action is always moving in zigzag. If you could recognize ABCD pattern, you can reference the ABCD buy or ABCD sell for entry. But do remember all setup can fail. So manage your risk.
May 11, 2018 Singapore Post Trading Strategy
Singapore Post and MACD
Picture worth a thousand words, see MACD indicator and trend. Do remember all setup can fail. Now, the MACD is below zeroline, bearish bias. Manage your risk.
May 11, 2018 Singapore Post and MACD
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.