selected technical indicators of PSE-listed stocks
15 mar 2013 closing prices
tel (philippine long distance telephone)
c: 2844 (-)
s: 2820, 2804, 2800
r: 2872, 2900, 2968, 3004565, 574.50, 589, 595
vol: (+)
macd: (+)
macd histogram: (-)
macd histogram direction: (-)
rsi: 43.44(-)
sts: 41.01(-)
for an explanation of the indicators ... click: here
tel chart as of 15 mar 2013 (click on the chart to enlarge):
remarks:
tel chart as of 15 mar 2013 (click on the chart to enlarge):
remarks:
1. pldt closed lower (2844)
2. the macd histogram is in negative territory and still falling ... both the rsi and sts pointing down ...
3. tel went ex-cash last thursday ... the price adjusting downwards .. the slide continued last friday ..
4. tel went ostrich ... start monitoring ... wait for tel to touch its bottom and its histogram direction to change before thinking of entering ... ..
what is the "ostrich pattern?"
previous TEL monitor: The Ninja Stock Monitor: TEL (06 dec 2012)
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
