Tuesday, April 23, 2013

The Ninja Stock Monitor: PNB (23 apr 2013)

selected technical indicators of PSE-listed stocks 

23 apr 2013 closing prices 

pnb (philippine national bank)  

c: 109.80(+)
s: 106.20, 105.20, 102.90/102.50, 100
r:  110, 110.90
vol: (+)
macd: >0
macd histogram: >0
macd histogram direction: up/higher
rsi: 73.91(+)
sts: 93.92(-

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

pnb chart as of 23 apr 2013 
(click on the chart to enlarge):


1. pnb closed higher (109.80) after briefly going over 110 to 110.90 intraday ...
2. the macd histogram is higher ... the rsi and sts both @ oberbot levels already ..
3. i added a few more pnb's ...
4. adjusted my trailing stops .... 
5. expecting pnb to try to permanently breach and close above 110 in the coming days ...

previous PNB posts:

The Ninja Stock Monitor: PNB (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