02 apr 2013 closing prices
smph (sm prime holdings inc)
2. the macd still pointing up .. quite unaffected by the intraday price action ... the rsi down a bit ... the sts also still pointing up ...
3. today's price action i was expecting as early as yesterday ... the surge past 19.70 yesterday made me comment in the chatroom that i had an inkling somebody will be fading smph as it approaches 20 pesos .. sell it down until the gap is closed .. then buy it up again to close it above 20 pesos ... well .. 20 was touched yesterday and the profit taking started .. but smph still closed positive yerterday @19.80 .. and the gap was not closed ... well .. follow thru selling continued the entire morning today .. smph being sold down to as low as 19 pesos (haha .. from 20 pesos psych res yesterday to 19 pesos psych support today) incidentally closing the gap along the way .. before being bought up until the close ... smph losing a mere 8 cents in the whole exercise .. quite amazing! .. i still have my smph's .. my stops currently just mere decorations on the wall ...
4. present trading range: 17.82 - 20.80
previous SMPH monitor: The Ninja Stock Monitor: SMPH (01 apr 2013)
1. my stok picks for the coming weeks (30 mar 2013)
2. my stok picks for the coming weeks: on the rumoured smdc-smph merger (16 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