Sunday, September 22, 2013
just charts: MBT/Metropolitan Bank and Trust Company (22 sept 2013)
mbt chart as of 20 sept 2013
(click on the chart to enlarge)
1. mbt breaks past the 90 pesos resistance .. closing @90.80 after even going above 91 intraday ...
2. the macd histogram is still rising .. with the sts already at oberbot levels the entire week ..
3. i already closed my position last friday ... just content with a modest gain ...
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 citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose