Monday, March 4, 2013

The Ninja Stock Monitor: GTCAP (04 mar 2013)

selected technical indicators of PSE-listed stocks 

04 mar 2013 closing prices 

gtcap (gt capital holdings)  

c: 786(+)
s: 775, 749, 730, 720, 715/717
r:  790, 792, 800
vol: (+)
macd: (+)
macd histogram: (+)
macd histogram direction: (+)
rsi: 70.33(+)
sts: 79.22(+

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




remarks: 
1. gtcap breached the 770 resistance ... reaching a high of 792 intraday .. closing at 786 .. up 3.42% ...
2. the macd gave the green arrow buy signal ... the rsi and sts @ or near oberbot levels ...
3. next  resistance is the psychological res @ 800 
4. what to do? options: .. 
a. sell half ... on the assumption that the 800 psych resistance will hold ...
b. sell all and look for another stock ... possibly buying bak at the bottom or when gtcap breaches 800 ..
c. just hold and adjust the trailing stops

previous GTCAP monitor: The Ninja Stock Monitor: GTCAP (01 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