Friday, July 26, 2013

just charts: TA/TRANS-ASIA OIL AND ENERGY DEV (26 jul 2013)

ta chart as of 26 jul 2013 
(click on the chart to enlarge)


1. ta closed higher @2.79 after 2 days of red candles folllowing the run just after the prop dividend announcement ... 

2. the macd is higher .. the histogram higher still .. the sts still status quo @the oberbot zone ..

3. i was expecting a sell down from the 2.72 close of 3 days ago ... from which i intended to do my buy bak of ta ... however it stayed above 2.72 and went even higher today ... forcing me to buy bak my position at even higher levels ...   

4. ill just be holding on until exdate and get my prop divs ...maybe add a few more next week ...

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