Wednesday, September 26, 2012

The Ninja Stock Monitor (rlc, 26 sept 2012)


selected technical indicators of PSE-listed stocks 
these are my trading notes for my reference only 
by no means are these to be taken by the reader as recommendations to buy or sell


legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
unch: unchanged 
(+): higher
(-): lower

26 sept 2012 closing prices 


rlc (robinsons land corp)

c: 18.30 (+)
s: 18.16 (intraday low); 18.10; 18.08
r:  18.40; 18.50; 18.70
vol: (-)
macd: < 0
macd histogram: < 0
macd histogram direction:(+)
rsi: 46.06(+)
sts: 36.67(+)
rem: looks like rlc has already reached its bottom this week ... been waiting for that bottom since the last week of july .. see: 

The Ninja Stock Monitor (29 jul 2012)

no macd buy signal yet ... but macd histogram direction has turned positive already ... will start monitoring rlc for possible initial entry ... no target price .. i just trade the chart .. 

ALWAYS: always set stops