Tuesday, April 30, 2013

The Ninja Stock Monitor: MPI (30 apr 2013)

selected technical indicators of PSE-listed stocks 

30 apr 2013 closing prices

mpi (metro pacific investments)  

c: 6.09(+)
s: 6.0, 5.85/5.86, 5.75
r:  6.10, 6.15, 6.20
vol: (+)
macd: >0
macd histogram: >0
macd histogram direction: up/higher
rsi: 68.79(+)
sts: 80.17(+

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

mpi chart as of 30 apr 2013 
(click on the chart to enlarge)


1. mpi breached and closed above the 6 peso resistance (6.09) after reaching 6.15 intraday
2. the macd again gave a buy signal after a red arrow yesterday ... the rsi and sts already @ or near oberbot levels ...
3. adjusting my stops .. just riding the wave ... thinking of adding a few more mpi's in the coming days ..
4. new trading range: 6.00 - 6.15

previous MPI posts:

The Ninja Stock Monitor: MPI (23 apr 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