Moses Singapore Stock Analysis | S58 | SATS  Stock Charting | AmibrokerAcademy.com

November 26, 2018

 

Thanks for visiting the site.

 

Moses   Stock Analysis

S58 SATS  Stock Charting

Buy low sell high, buy support sell resistance.  

See chart, the price action of SATS stock chart. 

Apply buy low sell high and buy hold strategy. The price action test near 5.90 dollars and pullback follows H M Gartley 222 pattern. The price action test the low near 4.80 dollars. If you look at River; River forms double top. Price Action continues to go lower, and reach below 4.70 dollars.

 

Trade with eyes open, manage your risk.

November 23, 2018 SATS and River

 

From a different perspective, add  MACD indicator.

November 23, 2018 SATS 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.