selected technical indicators of PSE-listed stocks
19 apr 2013 closing prices
vul (vulcan industrial and mining corp)
s: 2.04, 2.0, 1.80, 1.76, 1.71, 1.58,
r: 2.30, 2.40, 2.50
macd histogram: >0
macd histogram direction: (+)
2. the histogram moved up .. both the rsi and sts @ oberbot levels already for the second day ..
3. sold some vul in one account (after doubling it the other day) and sold all then bot bak vul in another account ...
4. what to do? i think moving the trailing stop just below the 2.20 support is too close for comfort ... ill just have my trailing stop close to the 2.0 - 2.04 area ... still leaving me with some profits but i guess quite sufficiently far from a whipsaw ...
5. i wont exit this vul trade just yet ... will just hangten as long as i can .. until i get wipedout (when my stops are taken out) ...
previous VUL posts:
1. The Ninja Stock Monitor: VUL (17 apr 2013)
2. my long shot bets for 2013 (30 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