Wednesday, August 14, 2013

just charts: JFC/Jollibee Foods Corporation (14 aug 2013)

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


1. jfc surged again today past established resistances ... closing@its highest ever@177 ...

2. the macd .. its histogram and the sts are all higher .. with the sts already@oberbot levels for the 3rd straight day ...

3. psych support is@170 .. psych resistance is@180

4. just adjusting stops and letting profits run ... 

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