selected technical indicators of PSE-listed stocks
c: closing price
s: 73, 72, 71, 70
r: 73.50, 74 ...
macd: > 0
macd histogram: >0
macd histogram direction:(+)
1. bdo closed at its record high today ... just below its intraday high of 73.50 ...
2. the macd trio all positive ... but rsi and sts already at oberbot levels ...
3. traders entertaining to enter (he he he) bdo are doing so at great risk already ... just set ur cutloss
4. traders long on bdo may consider the following options:
a. just hold on and let ur profits run ...adjusting stops automatically ..
b. sell all and have an early christmas celebration with family and friends....
c. in case of doubt (on what to do), sell half of ur position and just hold on to the other half ... op kors respect ur stops ...
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 will do