Saturday, May 31, 2014
DD/DoubleDragon Properties Corporation (31 may 2014)
dd chart as of 30 may 2014
(click on the chart to enlarge)
1. the macd histogram is < 0; is lower
2. 20 < sts < 80; is lower
3. support: 9.00
4. resistance: 10.98-11.00
5. finally the macd histogram (macd: 12, 26, 9) made its maiden appearance this last week of may ... both the histogram and sts turned south and breached their respective thresholds (red arrows pointing down) ...
6. sell downs of dd the past 2 days ... i guess traders are just taking some profits off the table ...
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