selected technical indicators of PSE-listed stocks
12 feb 2013 closing prices
c: 2.06 (+)
s: 2.01, 2.0, 1.98
r: 2.07, 2.10, 2.12
macd histogram: (-)
macd histogram direction: (+)
2. the macd histogram made an inverse ostrich pattern ... a bullish reversal move wherein the macd histogram's direction changed from pointing south to pointing north ... just like an ostrich rearing its head back up from under the sand (the opposite of the ostrich pattern) ..
3. both the rsi and sts also pointing up ... approaching oberbot levels ...
4. i took a miniscule initial position on cpg today ...
for reference .. you may also want to read: my trading rules