Saturday, June 15, 2013

just charts: jfc/jollibee foods corporation (15 jun 2013)

jfc chart as of 14 jun 2013 
(click on the chart to enlarge)


1. 130 is currently acting as the psychological support ...
2. both the macd histogram and the sts are still pointing down 
3. ill just let the daytraders and bottom fishers feast on jfc ... im more inclined to wait things out before even thinking of reentering jfc with a small position .. ill let the macd histogram tell me when ...

for an explanation of the indicators ... click: here 
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's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose