Saturday, March 9, 2013

The Ninja Stock Monitor: PNB (09 mar 2013)


selected technical indicators of PSE-listed stocks 

08 mar 2013 closing prices 

pnb (philippine national bank)  

c: 107(+)
s: 105.20, 102.90/102.50, 100
r:  107.60, 110
vol: (+)
macd: (+)
macd histogram: (+)
macd histogram direction: (+)
rsi: 75.34(+)
sts: 95.08(+

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

pnb chart as of 08 mar 2013 (click on the chart to enlarge):




remarks: 
1. pnb continues its ascent .. closing higher @107 ... 
2. the macd histogram is still rising ... both the rsi and sts .. @oberbot levels .. and still on the uptrend ...
3. a trading house has given a buy reco ... with an immediate target price of xxx
4. i just bot bak a part of my previous position ... with an option to add a few more pnb's .. depending on the price action .. altho already oberbot ... im betting on a further upside for pnb ... no guts, no glory ;)  
5. present trading rnge 102.50 -107.60 

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