Thursday, January 10, 2013

The Ninja Stock Monitor: OV (10 jan 2013)

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

10 jan 2013 closing prices

ov (the philodrill corp)

c: .041(-)
s: .040, 038
r: ..042, .043, .045 
vol: (-)
macd: >0
macd histogram: >0
macd histogram direction: (-)
rsi: 53.62(-)
sts: 73.33(unchanged
1. the macd is above 0 but the histogram is pointing down .. the rsi and sts are at the top end of the trading zone ...
2. im not buying ov at the moment .. 
3. my options:
a. ill wait for it to go down near the major support @.038 before considering buying or ..
b. ill wait for the macd histogram to be below 0 and it has just changed direction from pointing down to pointing up before considering whether to buy or to continue staying out ..
or ...
c. wait for ov to breach .043 and close above it before thinking of buying

in all the three options above .. ill only buy 1/3 of my alloted amount for ov and ill set cutloss points to sell ov if/when the price goes against me after entry
4. trading range: .038 - .043

see also:

what i dont

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's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose