25 March 2020
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A glance at a chart with Moses. Hold no position, stay free.
Chart At A Glance
^STI Straits Times Index Weekly Stock Charting
Study Straits Times Index Weekly stock chart and price action and Fibonacci Extension.
Look left and think right. Manage your expectation.
See chart, picture worth a thousand words.
Trade with eyes open. Mange your risk.
Swing high to low, price action retest the high, and hit the Fibonacci Extension 127% level. Price Action get support at 127%, but the is almost near 2000 level. Lower than 2016 year low.
Moses Stock Observation
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.