1 August, 2018

Singapore Stock Stories

LJ3 OUE Charting and Moving Averages

See chart, picture worth a thousand words. Study  OUE stock price. See stock chart. The price action has crossed down 20 period moving average and continue to stay below moving averages until July. You will observe that the 20 Moving Average is below the 50 and 50 MA is below the 100 MA. MA is slopping down, bearish.

What will the the price action like for the next few days or weeks or maybe months? Can the stock price reverse? Will see. 

Manage your risk.

August 1, 2018 OUE and Moving Averages

LJ3 OUE Charting and Support Resistance

See chart, picture worth a thousand words. Market does remember, see resistance. 

July 31, 2018 OUE and Support Resistance

Manage your trade and risk. 

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.