Tuesday, December 4, 2012

The Ninja Stock Monitor: EW (04 dec 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

04 dec closing prices 

ew (east west banking corporation)  

c: 28.3 (+)
s: 27.65, 26.90
r: 28.50, 29 ... 
vol: (-)
macd: > 0
macd histogram: >0
macd histogram direction:(+)
rsi: 75.26(+)
sts: 88.23(+)
1. ew breached the 28.15 res and closed at its highest since its ipo ....
2. macd, rsi and sts all pointing up ...but already at overbot levels ..
3. options:
a. continue holding and just let profits run; adjust stops
b. sell 1/2 of position and hold the other half; adjust stops
c. close position and take profits?

previous EW monitor: The Ninja Stock Monitor (01 dec 2012)

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

what i dont

entering a stock

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