Saturday, January 4, 2014

just charts: MBT/Metropolitan Bank and Trust Company (04 jan 2014)

mbt chart as of 03 jan 2014 
(click on the chart to enlarge)


1. mbt closed higher this first week of 2014 .. breaching the immediate resistance @75.70 and closing @77.40 ... next resistance is @79.30/80 pesos ..

2. the macd histogram continues to rise ... same with the sts which is already @the oberbot zone ...

3. i am just holding my tiny position ... did not add anymore ... 

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