selected technical indicators of PSE-listed stocks
22 apr 2013 closing prices
pnb (philippine national bank)
c: 107.90(+)
s: 105.20, 102.90/102.50, 100
r: 108.40, 110
vol: (+)
macd: >0
macd histogram: >0
macd histogram direction: up/higher
rsi: 70.84(+)
sts: 94.14(+)
for an explanation of the indicators ... click: here
pnb chart as of 22 apr 2013
(click on the chart to enlarge):
1. pnb breached the 107/107.60 resistance ... reaching a high of 108.40 intraday .. before closing @ 107.90 ...
2. the macd histogram advanced .. the rsi and sts both already @oberbot levels..
3. adjusted my trailing stops ....
4. looking @ the next resistance @110 (psychological resistance) ..
5. entertaining the possibility of increasing my pnb position if/when it closes above 110 ..
previous PNB posts:
The Ninja Stock Monitor: PNB (09 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
