Saturday, February 16, 2013

The Ninja Stock Monitor: GTCAP (16 feb 2013)

selected technical indicators of PSE-listed stocks 

15 feb 2013 closing prices 

gtcap (gt capital holdings)  

c: 750(+)
s: 720, 715/717
r:  750, 757, 760
vol: (+)
macd: (+)
macd histogram: (+)
macd histogram direction: (+)
rsi: 70.31(+)
sts: 69.38(+

for an explanation of the indicators ... click: here 

1. gtcap went wild yesterday ... breaching its resistance @743.50 ... surging past the psych res @750 and reaching an intraday high of 757 .. before finally closing @750 ...
2. the macd gave bak a buy signal after a sell signal just last thursday ... with both the rsi and sts pointing up and near the oberbot zone ... 
3. im just adjusting my stops ... the possibility of follow thru buying is equally likely to occur as the likelihood of profit taking considering that gtcap is sitting at a psychological resistance turned psychological support ..
4. present trading range 715 - 757

previous GTCAP monitor: The Ninja Stock Monitor: GTCAP (06 feb 2013)

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