Wednesday, March 20, 2013

The Ninja Stock Monitor: AGI (20 mar 2013)


selected technical indicators of PSE-listed stocks 

20 mar 2013 closing prices 

agi (alliance global group. inc

c: 19.88(-)
s: 19.50, 19, 18.92, 18.50
r: 20, 20.50, 21 
vol: (+)
macd: (+)
macd histogram: (-)
macd histogram direction: (-)
rsi: 42.54(-)
sts: 30.29(-

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

ac chart as of 20 mar 2013 (click on the chart to enlarge):


remarks: 
1. agi breached the major 20 peso psych support ... closing lower (19.88)
2. the macd histogram is below 0 and still sliding lower (already exhibiting the ostrich pattern) ... the rsi and sts also lower .. but still not obersold ...
3. on hindsight .. selling my agi was not a bad decision after all .. was still feeling bad after .. i guess agi is just telling me to stick to my plan no matter what ..
4. continue monitoring for the bottom to be reached and the change in histogram direction ... 
5. next suppor; 19.50

previous AGI monitor: The Ninja Stock Monitor: AGI (15 mar 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 citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose