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 31, 2013
The Ninja Stock Monitor: APC (31 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
sts: stochastics ... values: 15; 3; 5
(-): lower 30 jan 2013 closing prices
apc (apc group)
s: .82, 80 r: .95, 1.0 vol: (+)
macd histogram: (-)
macd histogram direction: (+)
rsi: 76.19(+) sts: 54.76(+) remarks:
1. apc made a surprise move yesterday ... breaching the long standing resistance @ .85 and pushing on above 90 centavos to close at 91 cents .. after posting an intraday high of 95 centavos
2. the histogram is still in negative territory but is about to kiss the 0 line .. possible buy signal tomoro ... both oscilators pointing up ..
3. im adjusting my stops .. thinking of adding a few more apc if/when it closes above the 1 peso level ..
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