Friday, November 23, 2012

updates: The Ninja Stock Monitor: PNB (23 nov 2012)

selected technical indicators of PSE-listed stocks 


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

22 nov closing prices 

pnb (philippine national bank)

c: 81.55 (-)
s: 80, 78, 75.30/75.50
r:  87, 89.20, 90
vol: (+)
macd: > 0
macd histogram: >0
macd histogram direction:(+)
rsi: 72.40 (-)
sts: 84.29(-)
rem: there was a disturbance in the force yesterday for pnb ... after opening gap up at 87 ... it moved forward up to 89.20 ... then executed a freefall dive to as low as 78 .. only to rebound above 80 and closing at 81.55 but still below its pre-trading halt price of 84.10 ... what happened? i have no idea .. and it does not matter anymore ...

i was not able to successfully execute my trading plan to exit when my stops were hit ... see: stok tots: pnb (22 nov 2012) ... i still have my miniscule pnb position ...  yesterday's candle was not nice ... however... ill still play it by ear ... sell half if there's another disturbance as cataclysmic as the explosion of princess leia's home planet of alderaan ... otherwise ... ill trade it as if there's no pnb-bpi merger .. just follow the price action ... 

see also:
how do i pick stocks to trade (07 sept 2012)
my trading tactics

what i dont

p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in's charts) ... in the absence of any personal charting program, the pse website's charts may be used ..