Thought and Notes of Trading Singapore Stocks Analysis April 28, 2014
Moses’s Stocks Corner at amibrokeracademy.com.
Thought and Notes of Trading Singapore Stock Analysis ComfortDelgro C52
Singapore stock ComfortDelgro C52 continues to make new high, continues to push north. It has good day range too. This is very exciting while we have seen in the MACD scan more stocks start to have bearish MACD signals.
Please notes, the description can be very subjective and personal.
If you will try to connect the lows and highs, you will be able to get many trendlines. These trendlines are in equal distance too.
Equal Distance Channel, ED Channel and Sub-channels
Equal Distance Channel is where the price actions trapped in two equal distance trendlines.
Illustration of ED Channel and Sub-channel
Equal Distance Channel and Sub Channel Illustration
Singapore Stock ComfortDelgro C52 April 28, 2014 Daily Chart See the channel and sub-channels
Singapore Stock ComfortDelgro C52 April 28, 2014 Daily Chart and ED Channel and Sub-Channels
Moses
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