December 10, 2017
Singapore Stock Analysis
AUE Golden Energy and Resources and Support Resistance
Can you spot the support turns resistance? Not easy and yet easy, take any low or support on the left and look right and see any resistance. We like to add the MHML, Month High Month Low to use these as the support resistance.
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below.
December 8, 2017 Golden Energy and Resources and Support Resistance
AUE Golden Energy and Resources and 34 MA Band
Moving Average is a great visual tool to determine up trend or down trend. When MA is slopping up and the price action is on top of the MA, it is bullish trend. When the MA is slopping down and the price action is bouncing under the MA, it can be quite sure the trend is bearish. It can be quite clear that this stock is on a bearish trend.
December 8, 2017 Golden Energy and Resources and 34 MA Band
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.