a trader's blog (these are my Philippine Stock Exchange/PSE trading notes ... by no means are these to be taken by the reader as recommendations to buy or sell; blog contents are valid only up to the date of publication; the views found herein are subject to change without prior notice) .. Dont hold and hope! But definitely follow the trend!
Thursday, January 24, 2013
The Ninja Stock Monitor: AGI (24 jan 2013)
selected technical indicators of PSE-listed stocks
c: closing price
vol: volume (+ above 5dma; - below 5dma)
macd: moving average convergence divergence ... values: 12; 26; 9
rsi: relative strength index ... values: 14; 30; 70
1. the macd gave a sell signal last tuesday .. follow thru selling yesterday ... histogram still falling .. rsi and sts both going to australia ... 2. just wait for the bottom and monitor for reentry .. no worries ...
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 are enough for the purpose