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
21 nov closing prices
gt cap (gt capital holdings)
c: 595(+)
s: 575
s: 575
r: 600, 601
vol: (-)
macd: > 0
macd histogram: >0
macd histogram direction:(+)
rsi: 79.85(+)
sts: 83.98(-)
vol: (-)
macd: > 0
macd histogram: >0
macd histogram direction:(+)
rsi: 79.85(+)
sts: 83.98(-)
rem: gtcap broke through the 600 psychological resistance intraday reaching 601 .. then retreated below 600 ... finally resting at 595 .. quite impressive price action despite the day's pse show being dominated mainly by the banking sector on the back of the merger talks between bpi and pnb ... i tot the day will be highlighted by traders taking profit on their gtcap positions .. however demand at higher prices kept the pressure on to propel gtcap to close near its highs ... im just adjusting my stops ... its anybody's game i think .. depends now if buy uppers will still be in command tomoro or profit taking will finally take its toll on gtcap ...
see also:
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 citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts may be used ..
