Sunday, December 8, 2013

just charts: JFC/Jollibee Foods Corporation (08 dec 2013)

jfc chart as of 06 dec 2013 
(click on the chart to enlarge)


1. jfc has been falling the past week ... from 180 last monday and closing at 170 last friday ...

2. the macd histogram has been going down (now below 0) ... the sts is now in obersold territory ...

3. supports are @170, @167, @164

4. thinking of adding a few more jfc shares .... but waiting until the trend has changed for the better ...

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