selected technical indicators of PSE-listed stocks
c: closing price
10 jan 2013 closing prices
ov (the philodrill corp)
r: ..042, .043, .045
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 ..
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