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 ... values: 12; 26; 9
rsi: relative strength index ... values: 14; 30; 70
sts: stochastics ... values: 15; 3; 5
rem: remarks
unch: unchanged
(+): higher
(-): lower
10 oct 2012 closing prices
aba (abacus consolidated resources)
c: .70 (-)
s: .69
s: .69
r: .72
vol: (+)
macd: < 0
macd histogram: > 0
macd histogram direction:(-)
rsi: 41.62(-)
sts: 46.67(-)
rem: aba has been moving in a tight range lately (.69 - .73) with macd, rsi and sts moving up and down on a more frequent duration .. the histogram changed direction again today (negative) and both rsi and sts pointing down also ... continue monitoring ... wait some more before buying initial position (if still out of aba) ... another option is buy only if it breaches .73 .. always set stops ..vol: (+)
macd: < 0
macd histogram: > 0
macd histogram direction:(-)
rsi: 41.62(-)
sts: 46.67(-)
agi (alliance global inc)
c: 14.88(+)
s: 14.32
r: 14.90
vol: (+)
macd: > 0
macd histogram: < 0 (sell signal)
macd histogram direction:(-)
rsi: 79.09(+)
sts: 87.23(- )
rem: the price has been moving positively the past 2 days .. changing direction way ahead of the macd ... which gave a sell signal only today (haha) ...while rsi and sts both moved with price ... one can gamble and take an initial position in the coming days .. just add if the price action continues to be positive ... or one can opt to wait first for the macd buy signal to be given vol: (+)
macd: > 0
macd histogram: < 0 (sell signal)
macd histogram direction:(-)
rsi: 79.09(+)
sts: 87.23(- )
lr (leisure and resorts world corp)
c: 8.49(+)
s: 8.30
s: 8.30
r: 8.77; 8.90
vol: (+)
macd: > 0
macd histogram: > 0
macd histogram direction:(-)
rsi: 60.97(+)
sts: 70.24(-)
rem: lr like agi previously ... took a uturn way ahead of the indicators ... impatient traders have already taken an initial position way ahead of any positive signal from the indicators .. start monitoring .. buy initial position if there is continued price action in the coming days ..vol: (+)
macd: > 0
macd histogram: > 0
macd histogram direction:(-)
rsi: 60.97(+)
sts: 70.24(-)
pnb (philippine national bank)
c: 71.50(-)
s: 70.80
s: 70.80
r: 71.80
vol: (-)
macd: > 0
macd histogram: > 0
macd histogram direction:(-)
rsi: 59.14(-)
sts: 46.06(-)
rem: negative price action for the past 3 days .. initiate monitoring ... vol: (-)
macd: > 0
macd histogram: > 0
macd histogram direction:(-)
rsi: 59.14(-)
sts: 46.06(-)
vll (vista land and landscapes)
c: 4.80(+)
s: 4.76
r: 4.80; 4.85
vol: (+)
macd: > 0
macd histogram: < 0
macd histogram direction:(+)
rsi: 62.42(+)
sts: 50.26(-)
rem: positive price action ... options: wait and continue monitoring .. or buy initial position in the coming days .. set stopsvol: (+)
macd: > 0
macd histogram: < 0
macd histogram direction:(+)
rsi: 62.42(+)
sts: 50.26(-)
see also:
how do i pick stocks to trade (07 sept 2012)
my trading tactics
