The Ninja Stock Monitor: DMC (29 jan 2013)

selected technical indicators of PSE-listed stocks 

legend:

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


29 jan 2013 closing prices 

as requested ...

dmc (dmci holdings)  

c: 55.10 (unchanged)

s: 54.50. 54.05/54, 53, 52.40, 52
r: 55.20, 56, 56.50
vol: (+)

macd: (-)

macd histogram: (+)

macd histogram direction: (+)

rsi: 56.94(unchanged) 
sts: 59.65(+)
remarks: 

1. dmc closed unchanged .... with a doji ...
2. dmc got a macd buy signal yesterday (whats cool also is that the macd is still below 0 .. potentially giving dmc a longer time under 0) ... both the rsi and the sts are in the trading zone (neither obersold nor oberbot)
3. seems dmc already found its interim bottom @52 ... with the change in histogram direction on 21 jan ...  the ideal entry date for this current dmc run (he he) ... 
4. what to do? 
options:
a. just stay alert ... wait for the closing candle following the doji ...
b. in case of doubt ... sell half of the position if stops are hit ...
c. just stay on with the plan
5. trading range: 52 - 56.75

previous dmc monitor: updates: The Ninja Stock Monitor: agi, dmc, gtcap, tel, vll (15 nov 2012)

you may also want to read: my trading rules

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