Tuesday, October 8, 2013

just charts: MARC/Marcventures (08 oct 2013)

marc chart as of 08 oct 2013 
(click on the chart to enlarge)

1. marc closed @2.38 .. on its 2nd-day of advance after more than 6 months of stay below the psychological 2-peso mark ...
2. the macd just gave a buy signal yesterday ... the sts gave a buy signal last week ..
3. anything goes from now on i guess ... its been up about 20% from friday's close last week ... tomoro is the 3rd day since the 2 peso breakout .. so im expecting some profit taking from the t+3 traders ...  im just holding and adjusting my stops ..

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