28 October 2018
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Singapore Stock Stories
C52 ComfortDelgro Corporation Charting
Study Support Resistance and Apply Buy Low Sell High Strategy
Study ComfortDelgro Corporation stock chart, see chart picture worth a thousand words. The stock goes from the high at 2.80 dollars to the low of 1.90 dollars. You could also see the moving average, the 34 period moving average close below 200 MA. Only until 2018, the 34 MA then cross back up above 200 MA. So, the stock price has gone from bearish back to bullish again. The price action is still below 2.80 dollars.
Besides that you could spot H M Gartley 222 pattern.
Trade with eyes open.
Mange your risk.
October 26, 2018 ComfortDelgro Corporation and River and H M Gartley
If you can see the whole chart, “press Ctrl and -” to zoom out.
Add MACD indicator, see chart.
October 26, 2018 ComfortDelgro Corporation and MACD
Moses
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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.