selected technical indicators of PSE-listed stocks
c: closing price
s: 28.95, 28.70, 28.50, 28.25, 28
macd: < 0
macd histogram: <0
macd histogram direction:(+)
[11/23/2012 2:48:12 PM] xxx: nasa bottom i think pgold e
[11/23/2012 2:48:21 PM] xxx: the macd is bottom na
[11/23/2012 2:48:38 PM] xxx: histogram is advancing
[11/23/2012 2:48:53 PM] xxx: im actually a buyer of pgold now if i have the money
... im of the same opinion as xxx ... the macd trio of indicators im using is my ideal combi for entry; (-, -, +) .... also ... both the rsi and sts seem to have reached bottom already and are both pointing north ... there was a doji reversal uncertainty last thursday ... but the uncertainty was erased last friday with a green candle reversal confirmation closing ... im monitoring pgold for a possible initial position this coming week .. however ... there is always the possibility of a whipsaw .. thus set cutloss just below the support of 28.70 ... if that is breached .. price breakdown) ...
my trading tactics
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 ..